Our expert views and commentary on what’s happening in the world of mortgages and sometimes beyond, along with our regular summary of what the papers say.
The Bank of England has raised the base rate by 0.75 percentage points to 3%, the biggest rate increase for 30 years. Some had expected rates to increase by a full percentage point, but action taken by the new Chancellor Jeremy Hunt to reverse tax cuts announced by his predecessor Kwasi Kwarteng may have helped to avert the need for such a substantial increase. Rates are rising to try to curb rampant inflation. The Consumer Prices Index measure of inflation rose by 10.1% in the year to Sep...
With Valentine’s Day around the corner you might be starting to feel a bit romantic. Perhaps you’re thinking about moving in with your partner, or even popping the question? There’s a practical consideration you’ll want to think about before you make the big commitment of living together: How will the mortgage work?...