Raising rate environment lowers mortgage availability
Since the rate rise by the Bank of England, the financial product that banks use to hedge their mortgages, called swaps has increased to a point where it is higher than the prevailinig mortgage rates. This situation is quite...
Bank of England Hawks Raise Rates
The old lady of thread needle street had an extremely hawkish* meeting yesterday. The Base rate rose 25 basis points to 0.5%, still at historically low levels. However 4 members of the Monetary...
Bank of ENgland hold rates at historic lows, shock market!
Head of the Bank of England, Bailey today cut a dovish tone in the last meeting of the year. He surprised the market by not hiking rates from the historically low 0.1%, the pound tumbled some 1.38%...
Property Market returning to normal behaviour
Abode are seeing encouraging signs that the property market is returning to a more equilibrium normal. Rightmove’s latest data shows a 14% increase in listings versus the previous month, given the...
Energy providers in crisis, What to do.
With the 250% increase in wholesale gas prices many smaller gas providers have been struggling under price rise caps for their customers. Having insufficiently hedged their supplies to the upside...
Zoopla property price report is out!
Zoopla’s latest property market analysis has just been released for July 2021 and it makes for very interesting reading. As we are seeing ourselves at Abode supply remains extremely constrained...
A Millenials Guide For First Time Property Buyers
First Time Buyers – Don’t Panic!
Is there anything more daunting than scrolling through endless listings of houses,...
Inflation in property prices shown in Zoopla Property report
2021 has been turbulent in all sectors, small businesses have boomed and busted, online sales have gone through the roof, you can’t pass a street without seeing a delivery van these days- and the...