What’s the big picture with house prices in Wiltshire?
Property prices in Wiltshire fell 1.1% over the past year, cutting £3,700 from the price of the typical home, according to our June 2024 House Price Index. The fall is not reflected across the UK, where the average property price rose by 0.1% since June 2023. The typical Wiltshire home is now worth £333,100, above […]
Bank’s interest rate cut in narrow vote
The Bank of England decided to cut the base interest rate today by 0.25% from 5.25% to 5%. The Bank of England chose to cut the base interest rate today 0.25% from its 16-year high of 5.25% to 5%. Members of the Bank’s Monetary Policy Committee voted narrowly for a cut by five votes to four. The property […]
Inflation holds at 2% but household costs still at historic highs!
Industry figures hail a period of more stable inflation but high property costs mean many owner occupiers are still suffering as monthly premiums stay high. Official figures show inflation is holding steady at 2% year-on-year. The Government’s latest bulletin for June (see main image) reveals that the Consumer Prices Index increased by 2% during the […]