01/08/2024
BRIGHTER FUTURE FOR HOMEOWNERS ⭐️🏠
First reason to post on here!
Good news for homeowners and potential homeowners 🏡
The Bank of England have dropped the base rate to 5% from 5.25% (this is the first decrease in the base rate since March 2020 and its first movement for a year).
Hopefully, this will now be reflected by some lower interest rates offered by the lenders across the market, who over the last few months have been slowly reducing their rates.
This could be the time to start looking to purchase a property before rates drop even further and demand for houses shoots up, increasing the prices across the property industry.
Please get in touch if I can be of any assistance.
Base rate cut to 5% as inflation continues to hold steady