Interest Rate Rises Could Decimate
UK Rental Property Market
The recent changes in the dynamics of the UK property market are forcing a number of mortgage lenders and property investment specialists to advise clients how they can better protect themselves.
The Governor of the Bank of England, Mark Carney, has claimed that the BoE […]
Interest Rate Rises Could Stall UK Rental Property Market
Interest Rate Rises Could Decimate
UK Rental Property Market
The recent changes in the dynamics of the UK property market are forcing a number of mortgage lenders and property investment specialists to advise clients how they can better protect themselves.
The Governor of the Bank of England, Mark Carney, has claimed that the BoE has no immediate plans to increase the base interest rate, currently remaining at the 0.5% record low, however this situation could change within the next twelve months.
The UK property market remains in a fairly delicate state and affordable residential properties are being bought with amazing speed, as the UK economy continues to improve but property prices are predicted to rise considerably over the next few months.
Continue reading »
High Court Judges Lose Perks In Lodgings
High Court Judges Have Perks
Cut By Lord Chancellor
The perks enjoyed at the grand residences and high end lodgings used by High Court judges when they are not hearing cases in London’s High Court are being scrapped by Chris Grayling, the Lord Chancellor.
High court judges are feeling the pinch as they have had their Sky broadband deals cancelled in the latest effort to save money.
The High Court judges get to stay in 32 publicly-funded lodgings, from penthouse flats to Georgian town houses across England & Wales when hearing cases and the latest cost cutting move has provoked a great deal of anger among the judges, who once enjoyed all the perks of gentlemen’s clubs and were waited on hand and foot when they were on the judicial circuit hearing cases outside of London.
Continue reading »
