Interest Rates on Hold

The BoE has again left interest rates on hold and reiterated its belief that the monetary policy response to Brexit could ultimately push rates in either direction.   Following its latest meeting on 19 June, the nine-member Monetary Policy Committee (MPC) voted...

Bank cuts growth forecast

The Bank of England (BoE) has reduced its growth forecast for the UK economy amid growing concerns over global trade tensions and fears of a no-deal Brexit.   In its latest policy statement, the BoE said it now expects economic growth to be flat during the second...

What is Equity Release?

How can my property provide for me? For many people, their property is their biggest asset. Unlocking this value via equity release is an option being considered by an increasing number of over 55s as a way to help financially plan for retirement. Equity can be...

Equity Release 2019

EQUITY RELEASE MARKET RECORDS BUSIEST START TO ANY YEAR AS PROPERTY WEALTH HELPS MEET DI ERSE FINANCIAL NEEDS £936m of housing wealth unlocked by homeowners aged 55+ during Q1 2019, an 8% increase year-on-year Total customers served between January and March increased...

WAGE GROWTH SHOWS SIGNS OF EASING

Although the latest set of employment statistics once again shows that the UK labour market remains in a relatively robust state of health, the data did suggest that the recent growth in wages may have stalled. According to data from the Labour Force Survey, the...