It’s been an interesting week following the Chancellor’s budget…
Last week I reported on the market situation for first-time buyers following Phillip Hammond’s announcement to scrap their stamp duty; and the week before about the Rochester regeneration project which will bring 1,400 new homes to the area. All was looking positive for those looking to get on the property ladder in Medway. Well, a lot […]
What does the interest rate rise mean for the rental market?
Incase you missed it, The Bank of England raised the base rate from 0.25% to 0.5% this week. The base rate is the Bank of England’s official borrowing rate, which influences what borrowers pay and savers earn. The base rate has remained fairly static over the last decade, with 0.25% being the lowest on record. […]
