Hoskin Mortgages

New Era of 1% Interest Rate Mortgages Could Be On The Way

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] New Era of 1% Interest Rate Mortgages Could Be On The Way A lowering of the Bank of England’s base interest rate could stoke competition amongst mortgage providers, leading to interest rates of 1% or even lower. Customers may soon be able to take advantage of even lower interest rates on fixed-rate […]

Stress tests for buy-to-let mortgages

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] The Bank of England is likely to introduce stress tests for buy-to-let mortgages, which will restrict the amount landlords can borrow, brokers have warned. It has been suggested that the Bank might look to use other tools other than interest rate rises to control the housing market without endangering growth in the […]

Interest Rates to Fix or Not To Fix

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Interest Rates to Fix or Not To Fix The proportion of borrowers opting for fixed rate mortgages fell in September despite the market expecting base rate to increase within the next year. The proportion of purchase borrowers choosing to fix fell 2 per cent from September 2013’s average of 94 per cent. […]

Bank of England Interest rate rise getting closer

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Bank of England Interest rate rise getting closer Bank of England governor Mark Carney says an increase in the base interest rate is “getting closer” but will not return to pre-crisis levels. UK economy is beginning to “normalise” and suggested interest rates could soon follow suit. With many of the conditions for […]

Base Rate to be Maintained at 0.5% for the 62nd Consecutive Month

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] The Bank of England’s monetary policy committee has once again voted to maintain the base rate at 0.5 per cent – the 62nd consecutive month of record-low rates. The last change to base rate was a 0.5 per cent reduction to its current level on 5 March 2009.

MPC votes to hold base rate and QE

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] MPC votes to hold base rate and QE The Bank of England’s Monetary Policy Committee has once again voted to keep base rate at 0.5 per cent and its programme of quantitative easing at £375bn. The decision was widely expected as BoE governor Mark Carney has said base rate will not rise […]