Nationwide Building Society House Price Index - March 2024

[Martin@AS Financial]

UK inflation slows its fall, pushing back rate cut bets

Interesting report from Reuters.

With inflation now at 3.2%, there is still some serious amount of work to be done to get it to the government set target of 2%. This will also be very much dependent on what happens on...

[Martin@AS Financial]

If you are securing your mortgage off your contract - you are essentially borrowing against the turnover rather than your salary and dividends.

I suspect the bank will be looking to see your invoices from your client being paid into your business account in the same way that if you were...

[Martin@AS Financial]

Key Points:

• UK house prices up 1.6% compared with a year ago
• Northern Ireland best performing region, with prices up 4.6%
• South West weakest performing region, with prices down 1.7% over the year

Full report here:

https://www.nationwidehousepriceindex.co.uk/download/...

[Martin@AS Financial]

Today, the Monetary Policy Committee voted by a majority of 8-1 to maintain the base rate at 5.25%.

Full report here:

https://www.bankofengland.co.uk/mone...024/march-2024