According the Bank of England's mortgage approvals data, released today, mortgage approvals in January dropped slightly from December's figures - but mortgage borrowing continues to...

3rd March 2025
According the Bank of England's mortgage approvals data, released today, mortgage approvals in January dropped slightly from December's figures - but mortgage borrowing continues to...
Just 14% think that three more cuts before the end of 2025 is still realistic.
Inflation has now almost doubled since September, when it was 1.7%.
Mortgage and rental spending grows 2.0%, but consumer confidence remains unchanged.
Mann explained why she will maintain "policy rate discipline and restrictiveness" despite voting for an ‘activist’ 50 basis point cut.
The Bank's Monetary Policy Committee voted 7-2 to reduce Bank Rate.
A third of first-time buyers think now is a good time to buy a home.
Residential mortgage approvals also increased in December.
"Financial stability is a foundation for growth. There isn’t a trade off in a fundamental sense", Bailey said.
"It's time to get interest rates back toward normal", Taylor says.