Bold & Wise Properties

06/08/2024

01/08/2024

🚨FINALLY THE AXE 🪓 HAS FALLEN 🚨

After 5 (favour) v 4 (against) nail biter vote MPC 🏦has finally decided to cut the Base Rate from 5.25% to 5.00%.

Will we see mood 🧐 changing for the property SELLERS or BUYERS 🕵🏻? Will we see an uptick📈in the property market activity?

Share your comments below 👇

22/06/2024

21/05/2024

Average British house price hits a record high of £375,000 in May! 🌟 Driven by pent-up demand, prices rose 0.8% month-on-month despite high mortgage rates. Sales in the first four months are up 17% from last year! 📈🏡

Plus, HSBC UK, Barclays, and TSB have cut mortgage rates. 📉

Rental market update: Tenants renewing contracts saw an 8.3% rent rise over the past year. 🏠✨

Seize the opportunities in this dynamic market! 🚀



Read more:

Pent-up demand from would-be buyers pausing their plans last year has led to price rise despite mortgage rates remaining elevated

02/05/2024

The BOE/MPC (Bank of England Monetary Policy Committee) meeting on 20 March was a nail-biter, with 8 votes in favour of holding rates steady at 5.25%. 🏦💼

Now, with the next meeting set for 09 May 2024, the big question is: What's next for rates? 🤔 Will we see stability, a dip, or perhaps even a rise? 📈 Comment below! 💼

30/04/2024

UK property prices rose by 1.9% last year, driven by demand for smaller homes like flats. Scotland saw the strongest growth in flat prices. Interest rates have stabilized, making it a good time for first-time buyers to consider smaller properties.

UK property prices have increased by 1.9% over the last year, according to new research by Halifax. The findings reveal demand among buyers for smaller homes helped to drive growth in UK property prices. According to Halifax, the average price for flats rose by +2.7%, while terraced houses rose by 2...

01/02/2024

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