News...
- Changes to Stamp Duty following the Budget for second home purchase and addtional property purchase (investment properties) to increase to 5%
- We are currently seeing some lenders reduce rates and also some increase, always worth checking to see what the best deals are at the time.
- Bank Base rate held at 5.25% - March 2024 ( source Mortgage Strategy )
- Fixed rates expected to reduce again with some lenders ( source Mortgage Strategy 09/04/24)
- Inflation is set to fall below 2% in the next few months, according to the latest forecast from the Office for Budget and Responsibility (OBR). (source Mortgage Strategy 04/03/24)
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