Bank of England

Displaying 47 news articles, stories and information about Bank of England «« Back to News homepage
There is no doubt that the increases in UK property prices have been largely driven by the huge rise in private landlords coming to the market....
Read more
A survey published by The Royal Institute of Chartered Surveyors (RICS) this week reported that UK house prices rose faster than expected in May...
Read more
The Statistical Release on Mortgage Lenders and Administrators Statistics was published by the Bank of England (BoE) and the Financial Conduct Authority (FCA) on 10th June...
Read more
A new consumer credit report published by independent research company Verum Financial Research says that UK houses are currently overpriced by around 28%....
Read more
Having seamlessly absolved themselves from responsibility, the government continue to ignore the lack of housing supply that is currently fuelling property prices, instead placing the onus for cooling the market firmly on Mark Carney, governor of the Bank of England....
Read more
Although the government and the Bank of England seem to be taking a very laid-back attitude towards the UK's housing shortage, calls for action have become desperate pleas as experts predict the worst case scenario.....
Read more
The Pound nosedived this morning in reaction to the Bank of England's Inflation Report delivered by Canadian Mark Carney, the bank's chief...
Read more
It doesn't require rocket science to work out that house prices took a hit when the world went into recession in 2008. Six years on we have the benefit of hindsight, so what is the general consensus on how house prices will fare?
Read more
Mark Carney - credited with protecting Canada from the worst effects of the late-2000's financial crisis, his appointment at the Bank of England was a pragmatic move aimed at shielding the UK in exactly the same way...
Read more
There appear to be two distinct camps of opinion when it comes to whether the UK is heading towards a property bubble...
Read more
Lenders and brokers operating in the UK's mortgage market have expressed concern over new rule changes set to come in this year and the effects that these could have on the market as a whole...
Read more
The UK's property market is now being boosted by the positivity that has been seen in London in recent years, which could be good news for investors who are looking for new areas to buy in...
Read more
A degree of easing in the risk averse attitude of UK property investors could see prices in the market rising even faster than has previously been predicted, according to the latest forecast...
Read more
Property prices across the UK rose by 1.4 per cent through December to mark a strong end to the year and leave the property market having grown repeatedly throughout 2013...
Read more
This is the fourth Housing Humbug report during my tenure as a writer for IPIN Global and looking the previous few years of predictions in preparation for this year's post I have noticed a few changes in the way the property market is viewed and reported as a whole...
Read more
House prices in the UK have now hit a record high, according to figures from the Office for National statistics. In August, the House Price Index surpassed its previous January 2008 peak by 0.3 per cent...
Read more
In what would seem to be a move to deflect the negative criticisms of the Help to Buy policy (or possibly a bout of madness), Chancellor George Osborne has taken the move to hand over control of the policy itself to the Bank of England – shrewd move one might think on the face of it, until you look at the Bank of England track record...
Read more
More areas across the UK have become more affordable for property investment in the past 12 months, according to new research. Figures from the Halifax found that almost two-fifths of towns in the UK are now affordable for home purchase, compared to just four per cent in 2008.
Read more
While the government was praised for its introduction of the Help to Buy scheme, a report has suggested that it may not be what it seems. Former economists at the Bank of England claim it could end up raising the cost of the average home to GBP 300,000 because of the price of inflation.
Read more
In this post, inspired in part by my fanatical attention to pointing out the flaws in many suggestions made by politicians, bankers and the public over the past few years. I am going to attempt to detect the root cause of the problem – and propose not one, but two possible solutions which you can all argue about...
Read more
Property investment has become a dream for many people in the UK, with a report from the House Builders Federation revealing that saving a deposit for a home will now take the average first-time buyer ten years...
Read more
With economic contraction and high deposits, the UK may not look like a traditional property investment hotspot at the moment. However, buyers shouldn't be fooled by this seemingly bleak outlook...
Read more
There has been no improvement in the number of mortgages being approved in the UK, despite the government's attempts to encourage financial institutions to increase lending. Data from the Bank of England revealed that in January, British mortgage approvals for house purchases fell...
Read more
The market is currently awash with cheap fixed rate mortgages but with deposits continuing to be sky high, how much impact can they really have?...
Read more
With a report from the House Builders Federation (HBF) revealing that saving a deposit for a home will now take the average first-time buyer ten years, it may seem as though the future isn't particularly bright...
Read more
The eurozone is undoubtedly in crisis but its predicted collapse has yet to materialise. In fact, there have been small signs of recovery - a shock to those such as Nobel-Prize winner Paul Krugman who expected the implosion of the monetary union to occur before 2013...
Read more
The Eurozone. As predicted last year – it's still alive, it's still bogged down by indecision and the UK is still doing the hokey-cokey on the side-lines...
Read more
It's time once again for one of my Housing Humbug Reports in which I take a look at the past 12 months in the property and financial markets and see if there are any potential gems of wisdom to be found and make a few predictions on what next year might hold...
Read more
Residential sales in England and Wales increased in August, according to the latest LSL/Acadametrics index. Residential prices were up 2.6 per cent compared to last year...
Read more
More bleak news on the UK housing markets, some of it bleak despite its positivity. Firstly, house prices have risen by more than they have for two-and-a-half-years according to Nationwide...
Read more
Recently there appears to be an increasing number of very broad statements regarding the UK housing market that when considered for more than just a fleeting moment makes me seriously wonder...
Read more
The prime central London real estate market is expected to perform well over the next six months, with interest from overseas buyers helping contribute to the anticipated 3.2 per cent price growth in 2012...
Read more
The Swiss: Famed for chocolate, banking, gold, cuckoo clocks and hiding things – the Swiss have decided their banks need more capital to offset a possible bubble burst in the Swiss property market caused by excessive credit growth...
Read more
Much has been made of the increasing attractiveness of the UK's buy-to-let market, with high residential property prices resulting in a rising number of households entering the private rented sector (PRS), rather than purchasing their own home.
Read more
It would be nice, just once, to come into the office and see some genuinely positive news in the housing market. Sadly, this week the press and all the feeds of PR have failed again to come up with any real stories that could have a positive impact...
Read more
It's not often I cover similar subjects in successive posts – but this week I was asked for my opinion by Kathleen Kelly at the Joseph Rowntree Foundation new proposals for hybrid mortgages by David Miles at the Bank of England...
Read more
Proof that one of the top men in banking in the UK has no idea on how the housing market works. A man that is responsible for advising the government on mortgage lending policies and yet has repeatedly made outlandish statements to the press, the government, and is still employed at the Bank of England...
Read more
The fact that many first time buyers have been forced to rent has helped fuel the recent rent rises, but as with all similar policies to get them back, the stamp duty concession brought a short term rush...
Read more
The UK commercial property market is likely to see mixed fortunes in 2012, according to a new report. Jones Lang LaSalle's latest Property Predictions publication suggests...
Read more
Investors are increasingly turning to the commercial real estate market as they search for assets that will perform well in the current economic climate...
Read more
House prices in the UK recorded a drop of 0.5 per cent during the second quarter of the year...
Read more
Not too long ago, the Institute for Public Policy and Research (IPPR) released a report estimating that the UK is facing a "growing housing crisis". The organisation estimated that by 2025 there will be a shortfall of 750,000 homes in the country....
Read more
While the Bank of England's decision to keep interest rates at a record low 0.5 per cent has not come as a surprise to many, it could lead to an unbalancing of the country's real estate market in the long-term...
Read more
Britain's buy-to-let sector has been experiencing a turnaround in fortunes of late, with landlords taking advantage of a drop in house values and low interest rates...
Read more
Despite lenders introducing tighter conditions, the UK housing market will only see a temporary drop in activity, Bank of England policymaker David Miles has claimed. Monthly approvals for mortgages have fallen..
Read more
The construction and building sectors could be in for a tough year as higher VAT and government spending cuts take their toll on businesses and point to another year of reduced activity. Profit margins are expected to be further eroded by the increased cost of materials and the competition for work will mean that builders are unlikely to be able to pass on savings to customers....
Read more
Property investors in the UK have been urged to consider the possible implications of future rate rises following the Bank of England's decision to hold the base rate a 0.5 per cent for the 18th month in a row....
Read more
News Archives