Property Smart Ltd’s Post

House prices Due to changes in inflation coupled with government #policies but at the backdrop of high debt, it is anticipated mortgage rates to remain at low levels for a while, thus #house prices may come down but only very slowly; or even we can see some small upside at intervals; notwithstanding the trend is going downwards because inflation can unlikely be tamed. Some evidences are : Canada’s recent relaxed mortgage policy and more stringent rental requirements. Besides, Powell the FED chair also stated at his media reception on 18 Sept that mortgage rates would depend on Government policies, as he tried to separate mortgage rates and other rates from #FED #rate changes.

UK Inflation Rises to 2.2% in First Increase This Year - What Does It Mean for You? Andrew Bailey has been cautious about cutting rates too quickly or too much, aiming to keep inflation in check. While this is a modest rise, it could strengthen the case against a base rate cut in September. Mortgage rates have dipped recently, with two major banks reducing rates in the last few days. However, lenders remain cautious, as the average shelf-life of a mortgage deal has dropped from 30 days in June to just 17 days this month. With mortgage rates now under 4.5% and the widest selection of properties available in years, is it worth waiting for rates to drop further? Or could you miss out on securing your dream home at a potentially lower price than in previous years? #UKInflation #MortgageRates #RealEstate #HomeBuying #FinanceNews

Breaking news - UK inflation rate decreases to 1.7% 📢 Ben Thompson, Deputy CEO at Mortgage Advice Bureau, says: "As this is the last inflation reading before the all-important November interest rate vote, all eyes are now firmly on how the Bank of England interprets this. Mortgage rates have been rising in the past week or so, however, for buyers, the outlook is still much improved on this time a year ago." 🏡 Check out the Mortgage Introducer link below to read more 👇 🔗https://lnkd.in/e5NRZXhD #Mortgages #MortgageAdviceBureau #Inflation #MortgageAdvice #UKInflation

Good to see mortgage rates moving in the right direction - but with hopes of an MPC interest rate cut from 5.25% in August fading, more is needed to get growth going. The new government have a real opportunity to make an impact in their first autumn budget and with planning reform - let’s have some measures to get Britain building! Crowe UK #CroweRealEstate

Interest rates are coming down - so why are there fears mortgage rates may be about to rise? Markets expect a series of interest rate cuts over the winter - yet those hoping mortgage deals are on a straight path down may be disappointed. Swap rates, which dictate how much it costs lenders to lend, rose at the end of last week on fears the Middle East crisis could impact oil prices and cause inflation. If that were to happen, the Bank of England may take longer to cut the base rate. Smaller lenders such as Aldermore and Keystone today announced either rate increases or product withdrawals - and there are predictions more familiar names could soon follow suit.

The UK housing market is showing signs of improvement despite the recent softening of interest rate cut expectations. Strong wage growth is fuelling underlying inflation, and this is pushing mortgage rates higher – at least in the short-term. The bank rate is likely to stay at 5.25% at the next two meetings of the Bank’s Monetary Policy Committee (MPC) on 21 March and 9 May. #housingmarket #marketinsights #propertymarket #whitegates #mortgages #interestrates

Optimism in the Housing Market After Interest Rate Cut 🏡📈 The recent interest rate cut by the Bank of England has set the stage for renewed optimism in the UK housing market. This is the first rate cut since 2020, and it has led to lower mortgage rates, with major lenders reintroducing sub-4% fixed-rate mortgages. This move is expected to boost market confidence and increase activity among buyers and sellers. "How will the interest rate cut impact your property investments? Stay informed with VistaPulse Finance." #InterestRates #UKHousingMarket #PropertyInvestment #VistaPulseFinance #MarketUpdate

📉 Breaking News: UK Interest Rate Cut! 📉 The Bank of England has just announced a 0.25% cut in the base interest rate, bringing it down to 4.75%. This move is set to have significant impacts on mortgages and the property market: 🏡 Mortgages: Homeowners with tracker mortgages will likely see a reduction in their monthly payments, providing some much-needed relief. Fixed-rate mortgage holders might not see immediate changes, but new borrowers could benefit from more competitive rates. 🏠 Property Market: Lower interest rates can stimulate the housing market by making borrowing cheaper. This could lead to increased demand for properties, potentially driving up house prices. However, it’s also a good time for first-time buyers to enter the market with more affordable mortgage options. #InterestRates #Mortgages #PropertyMarket #BankOfEngland #UKEconomy

UK HOUSE PRICES: LATEST MARKET UPDATE UK house prices are recovering after a challenging period, thanks to falling borrowing costs and frequent mortgage rate cuts. Background: House prices peaked in August 2022 but dropped sharply after the Mini Budget by former PM Liz Truss. High mortgage rates and inflation led to a decline in buyer interest. Recent Trends: Mortgage rates rose again in mid-2023 and early this year due to inflation concerns and uncertainty over the Bank of England's base rate hikes. Current Outlook: With interest rates decreasing, there is renewed hope for increased homebuyer demand. The Bank of England has reduced the base rate from 5.25% to 4.75% between August and November 2024. #RealEstate #PropertyManagement #RealEstateInvesting

UK inflation rate falls to 2.3% and house prices remain stable according to the latest Ulster University’s House Price Index. Housing experts quantified that this is due to several factors: ✅ Aided by the reduction in mortgage interest rates from the second half of 2023. ✅ An increase in consumer confidence due to the more settled mortgage environment. ✅ A rise in buyer enquiries over the first quarter of 2024, with expectations of ongoing demand likely to outpace supply. Read the full report findings: https://bit.ly/4cEQBqA 🌐 www.frasermillar.co.uk #FraserMillar #PropertyNI #NIProperty #PropertyNews #NIPropertyMarket #NorthernIreland