The Bank of England has decided to keep the base rate at the same level for the third review in a row.The Bank of England has decided to hold the base interest rate at 5.25% for the third consecutive review. The last review was November 2nd. The Bank’s Monetary Policy Committee (MPC) meets eight times a year to set interest rates. Its nine members vote on wheth...
The chancellor Jeremy Hunt has just concluded delivering his 2024 Budget. He also confirmed that the OBR’s forecast for UK economic growth remains broadly unchanged from what it forecast at last November’s Autumn Statement. Gross domestic product will be marginally higher this year at 0.8%. In 2027, the OBR projects that the economy will grow by 1.8% compared to N...
Congratulations to the team here at Adkins, we've just been awarded 'Best Estate and Letting agents locally by allAgents 'the TripAdvisor of the property industry'!
Average UK house prices decreased 0.6% in the 12 months to January, to £282,000, representing an easing in the pace of decline, fresh data from the Office for National Statistics (ONS) showed yesterday. Meanwhile, private rents rose at their fastest annual pace last month since comparable records began in 2015, the figures revealed. The ONS reported a leap of 9% ov...
