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The important three-month sterling Libor rate rose marginally from 0.61% to 0.61125%, announced on Monday, 18 January. It fell to a record low of 0.54% on 28 September, bobbed around that mark for a while and then began to edge higher. It has stabl (...)
Rising buyer interest and low levels of supply pushed property asking prices in England and Wales up an annual 4.1 percent in January, property website Rightmove said on Monday. On a non-seasonally adjusted month-on-month basis, prices rose 0.4 perc (...)
House prices in London rose by 3.4% in the fourth quarter, a slight moderation from the 3.9% increase in the third quarter. The annual rate of change picked up from -1.9% to 7.0% however, making London the top performing region in 2009. Tower Hamlet (...)
The Bank of England’s monetary policy committee on Thursday voted to keep rates unchanged at 0.5 per cent and to continue with its £200bn quantitative easing programme as further signs of stabilisation emerged across the economy. The decision was (...)
The Bank of England has revealed that the number of mortgages approved for house purchases rose for the twelfth consecutive month in November. Mortgage approvals for house purchases grew to 60,518 in November, up from the 57,718 in October and repr (...)