Residential Property Review – December 2021

Slowing activity but demand remains high New buyer enquiries rose slightly in the Royal Institution of Chartered Surveyors’ (RICS) November survey, with a net balance of +13%, while new instructions fell for the eighth successive month to -18%. The end of the Stamp Duty holiday, among other factors, has contributed to a dip in housing … Continue reading “Residential Property Review – December 2021”

Inflation: not so transitory after all

Inflationary pressures are real and are looking increasingly persistent rather than transitory. Investors need to be wary of the assumption that all equities can weather an inflation storm. Inflation is now over 5% in the UK. This is considerably ahead of the Bank of England’s targets and also ahead of its expectations. To date, stock … Continue reading “Inflation: not so transitory after all”

Economic Review – November 2021

Inflationary pressures mount Official statistics show the UK headline rate of inflation now stands at a 10-year high, with surveys pointing to further upward pressure as firms continue to report rapidly-rising cost burdens. Data released last month by the Office for National Statistics (ONS) revealed that the Consumer Prices Index (CPI) 12-month rate – which … Continue reading “Economic Review – November 2021”

Residential Property Review – November 2021

Spending pledges for housing in Autumn Budget In his Autumn Budget delivered at the end of October, Chancellor Rishi Sunak committed more cash to building new homes on derelict or unused land in England, as part of a £24bn fund earmarked for housing. The plans will see 160,000 greener homes built on brownfield land and … Continue reading “Residential Property Review – November 2021”

Three reasons why markets may slide

Having looked at the bull case for stock markets,  it is worth examining the bear case. There are structural forces conspiring against equities today, from slowing growth, to high valuations to rising interest rates. We look at why these elements may prove to be the final straw for the lengthy bull run in global share … Continue reading “Three reasons why markets may slide”

Will the Bank of England be raising interest rates soon?

Until recently, the Bank of England’s Monetary Policy Committee (MPC), which has responsibility for setting interest rates, was undecided if conditions were right for tightening monetary policy. Andrew Bailey, the Governor of the Bank of England (BoE), revealed in August that the MPC could not categorically say that there was clear evidence that significant progress … Continue reading “Will the Bank of England be raising interest rates soon?”

Global Market Review – June 2021

  Global Market Review Growth and inflation are on the rise Prospects for inflation and interest rates continued to garner headlines during June as investors digested news of rising prices alongside a more hawkish tone from the US Federal Reserve (Fed). Share prices were knocked by speculation that gathering inflationary pressures could encourage central banks … Continue reading “Global Market Review – June 2021”

Economic Review June 2021

MPC maintains monetary stance Following its latest meeting held on 22 June, the Monetary Policy Committee (MPC) judged that the existing monetary stance remains appropriate, despite inflation rising above the Bank of England’s target level. Data released last month by the Office for National Statistics (ONS) showed the Consumer Prices Index (CPI) 12-month rate – … Continue reading “Economic Review June 2021”

Taking on the challenge of a self employed mortgage

Self-employed people still face an uphill struggle in mortgage applications, but help is at hand. Though some lenders have tightened their criteria, others are working with mortgage brokers to encourage buyers with complex incomes. If you run your own business, work as a contractor or earn through freelancing, then you’re disproportionately more like to have … Continue reading “Taking on the challenge of a self employed mortgage”

Residential Property Review – April 2021

Spring sees the busiest ever housing market Growing optimism due to the vaccine rollout, the return of low-deposit mortgages and the Stamp Duty holiday extension for England and Wales, have contributed to make this spring the best time to be a property seller in a decade, according to property website Rightmove. The online property portal … Continue reading “Residential Property Review – April 2021”