EPISODE · Aug 20, 2024 · 3 MIN
How has the Bank of Englands interest rate cut affected housing? | Morning Markets
from True Potential Morning Markets · host True Potential
Today, Matt Henderson, Portfolio Manager, looks at some of the early impacts of the Bank of England’s interest rate cut in the form of housing demand and mortgage rates. Rightmove have reported a 19% increase in buyers enquiring about homes for sale from this time last year, with a large spike immediately after the Central Banks announcement. Historically there has always been a link between interest rates and property values and with signs of improvement, what direction will the further planned rate cuts take the UK housing market?
What this episode covers
Today, Matt Henderson, Portfolio Manager, looks at some of the early impacts of the Bank of England’s interest rate cut in the form of housing demand and mortgage rates. Rightmove have reported a 19% increase in buyers enquiring about homes for sale from this time last year, with a large spike immediately after the Central Banks announcement. Historically there has always been a link between interest rates and property values and with signs of improvement, what direction will the further planned rate cuts take the UK housing market?
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How has the Bank of Englands interest rate cut affected housing? | Morning Markets
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