With the latest hike in the bank rate not expected to be the last, eyes are turning towards the buy-to-let market where the number of properties being repossessed do to none payment are on the increase. With the recent increases in interest rates over the past few months in the UK from 4.5 percent...
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For the past ten years television viewers in the US, UK and Australia have been avid consumers of home improvement shows. The trend was reflected in the growing value of properties in these markets and the expectations that dabbling with Ikea furniture and learning about ‘spaces’ and ‘color’ would somehow even further enable bigger...
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You know that things are in a bad way when even representatives of an industry body call for a halt. Yesterday The Royal Institution of Chartered Surveyors (RICS) urged the Bank of England to raise interest rates to a five-year high of 5.00 percent on Thursday to dampen the housing market and prevent economic...
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As the globe spins so does the decision time for central banks about their country’s interest rates. Firs off the post this week was Australia, followed by the UK then the Fed in the USA. Strike one, the Australian Reserve Bank (RBA) increased rates by 25 basis points to 6.25 percent. Nobody was surprised...
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With the likelihood of base rate increases in the UK on Thursday we’ve been scouring various analysis in the media for hints of whether this will be the last rate increase or not. A few months ago figures and analysis pointed to the likelihood that rates would increase just one more time at the...
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