The Bank of England held its base rate steady, while changes to stamp duty thresholds impacted transaction volumes in the mortgage and home sales markets.
7 reports, 5 independent
Updated Aug 14
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What happened
The Bank of England held its base rate steady, while changes to stamp duty thresholds impacted transaction volumes in the mortgage and home sales markets.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.BoE rate hold combined with stamp duty threshold changes affects UK housing market.1 source
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The entities involved
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Bank of England
central bank of the United Kingdom
Related events
- Research from Capital Economics suggests that the Bank of England should maintain its current interest rate policy.
- BoE rate holds do not pause mortgage cost rises.
- Base rate stability affects property finance market.
- Rohit predicts the Bank of England will raise interest rates due to ongoing inflationary pressures.
- Market competition is driving higher deposit rates than the Bank of England's base rate, with the Financial Services Compensation Scheme providing deposit protection.
Coverage
Newest first; wire copies grouped- 247wallst.com
- 247wallst.com
- mortgagesolutions.co.ukMortgage affordability pressures persist as buyers maintain caution
- investinglive.com
- mortgagestrategy.co.uk
- somersetcountygazette.co.uk