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When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?”
The Bank of England meets tomorrow (Thursday 7 November) to set the official Bank Rate or base rate as it is also known. This is the rate that banks and building societies use to set the interest rates they charge borrowers.
The UK housing market is experiencing a period of steady recovery, according to the latest data from leading property portal Zoopla. The Zoopla House Price Index is a statistical tool used to measure changes in the price of residential properties. Let's take a look at what's happening.
Earlier today, the Bank of England (B of E) announced that the base interest rate will be cut by 0.25 to 4.75%. This is good news for the property market.