affordbility

Passing on full interest rate cut would make UK homes more affordable, research points out

First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in affordable, affordbility, age, agents, approvals, Asia, Australasia, Australia, bank, Brexit, building, buy, Buy to Let, Buyers, buying, Cities, data, Demand, Deposit, Deposits, Dubai, England, estate agent, estate agents, Europe, first time buyer, first time buyers, global, growth, home, home owners, homes, Housing, Index, interest rate, invest, Investment, investments, land, Landlords, lender, Lending, Location, London, market, Middle East, mortgage, mortgage payments, mortgages, new, new home, New Homes, News, North America, ombudsman, ONS, Outlook, owners, ownership, policy, prices, Property, property market, Real Estate, Remortgage, remortgages, rent, renters, rents, research, Residential, saving, Shows, Supply, Taylor Scott International, tenancy, Tenants, Towns, Transactions, TSI, Uk, US, USE, Vienna, Wales, Yields | Tagged , , , , , , , | Comments Off on Passing on full interest rate cut would make UK homes more affordable, research points out