Bank of England Rate Cut announced

Bank of England Rate Cut announced

Breaking News - Bank of England Base Rate has been cut to 5%

BREAKING NEWS

Today (August 1 2024) The Bank of England has chosen to cut the base interest rate by 0.25% from its 16 year high of 5.25% to 5%.

Members narrowly voted for the cute by five votes to four.

The cut is a positive sign for the housing market with some major lenders cutting their mortgage rates in anticipation of a possible rate cut today.

Any Questions?

We are here to help - fill in the contact us form if we can help with any questions or queries you may have.

Looking to buy in Maldon -

Make sure you are registered for property alerts - click here for more details

Need to sell a property in the Maldon area - we can help!




Get in touch with us

Thinking of putting your home on the market soon? If you’re aiming to list within the next 90 days, this guide is for you. Here’s how to sharpen your strategy so you don’t just sell, you get the sale you want.

Thinking of selling soon? Setting the right asking price can make or break your move. Here’s why overvaluing your home, even with the best intentions, can actually reduce its true market value and slow your sale.

The November Budget introduces new tax measures that will influence affordability, demand and long-term property decisions. With higher household costs and a new levy on homes over £2 million, buyers and sellers will need to plan their next steps with clearer strategy.

If you’re planning to sell in early 2026, now is the time to understand the timeline, the preparation and the steps that will help you move smoothly from listing to completion.