Articles, tagged with "monetary policy committee", page 4

Keep on holding?

When the Bank of England's monetary policy committee (MPC) delivered its verdict on interest rates for this month at noon today few would have been surprised. It decided to keep the base rate at five per cent, following its vote to cut the rate last month... Read >
Author: Assetz UK

Mortgage Approvals Increase

Mortgage approvals unexpectedly increased in January as house prices continued to fall. The Bank of England has released new data showing there were 74,000 mortgage approvals in January, which was up 2,000 from December. That month's figure of 72,000 was ... Read >
Author: Drew Swainston

Rating the chances

This week brought what appeared to be some positive news amid the gloom of falling house prices, as the Bank of England told the world it believed the worst of the credit crunch had passed and that a return of confidence in the coming months was justified... Read >
Author: Assetz UK

Credit Card Debtors Warned Of Tough Times Ahead

Consumers who have numerous debts on credit cards may find that their financial situation takes a turn for the worse in the coming months as lenders tighten the screws. So claims MoneyExpert, which believes that the credit crunch is driving lenders to ... Read >
Author: ARouse

CML promises brighter future for mortgages

A key issue in the UK property market in recent months, both for residential buyers and those looking to acquire investment property, has been the cost of mortgages, with the credit crunch pushing up interbank lending rates, which in turn have restricted ... Read >
Author: Assetz UK

Banking on a bond

The last few months have been tough for those seeking to get a mortgage, be it a residential loan for that all important first home or a buy-to-let mortgage. In both cases the supply of products has fallen, while the reverse has been true about the size o... Read >
Author: Assetz UK

Rate response may be encouraging

Yesterday may not have brought the most startling news in economic history when the Bank of England's monetary policy committee (MPC) announced it was cutting the base rate by 0.25 per cent for the third time in five months. Revealing the news, the body... Read >
Author: Assetz UK

How transport gets investors on track

Today's news that the Bank of England's monetary policy committee has cut the base rate again to five per cent will be welcome news for investors in property amid a climate that has seen the market take something of a hit in recent months, both from the h... Read >
Author: Assetz UK

The rate that won't wait

With the Bank of England monetary policy committee (MPC) due to meet next week to discuss interest rate policy, some may see the outcome as being quite obvious. With the property market at a fairly low ebb and wider economic concerns there will be no shor... Read >
Author: Assetz UK

Rising rates, falling rates

As pre-emptive strikes go, few might indicate more strongly an expectation that interest rates will be cut next month than news today that both Nationwide and Halifax are raising the interest rates on their tracker mortgages. Of course, rising mortgage r... Read >
Author: Assetz UK

Loan in the advantage of homeowners

In the year 2007, the rise in interest rates affected the borrowing capacity of the individuals as well as the banks in the UK. The banks were unable to procure inter bank finance because other banks were unwilling to lend as they were afraid that credit ... Read >
Author: gracy

Homeowners - Always at financial advantage

After over two years of rising interest rates regime, the UK financial market is likely to see the downward trend again in the coming time. Homeowners finding it difficult to find appropriate home loan deals will benefit the most if two to three interest ... Read >
Author: Anaya Erika

How fast will rate fall?

As interest rate decisions go, today's verdict by the Bank of England monetary policy committee (MPC) was perhaps the most widely predicted for some time. In the last week, an Adfero poll of seven economists and a Reuters survey of 60 both produced unanim... Read >
Author: Assetz UK

Economists certain rates will be cut

Those looking at investing in property will doubtless have been paying much attention to the possible movements in the UK base rate. Recent comments by the Bank of England governor Mervyn King, speaking to an audience in Bristol, stated that there may be ... Read >
Author: Assetz UK

UK slipping towards recession

The UK risks slipping into recession in the next two years, according to authors of the Deloitte Economic Review; and even if that gloomy forecast doesn't transpire, the best we can hope for is the weakest economic growth in the last 15 years. The ba... Read >
Author: Andrew Regan

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