“For hard-working families facing today’s challenging economic conditions, it’s right that we continue to help them secure their first home or move into their dream house” The government has confirmed the extension of the Mortgage Guarantee Scheme by one year to the end of December 2023. Positive news for people with 5% deposits, the scheme […]
Author archives: matthew
Economic Review – December 2022
Bank Rate raised again In mid-December, the Bank of England (BoE) announced another hike in its benchmark interest rate and warned that further increases are likely in order to sustainably return inflation to target level. Following its latest meeting which concluded on 14 December, the BoE’s nine-member Monetary Policy Committee (MPC) voted by a 6-3 […]