by fpgonline | Aug 5, 2016 | Latest News & Blog
There has been a mixed reaction from the UK’s mortgage experts following the Bank of England’s base rate cut, with industry commentators predicting that the reduction may not mean cheaper mortgages, despite the Governor insisting banks have ‘no excuse’ not to pass on...
by fpgonline | Aug 4, 2016 | Latest News & Blog
The Bank of England’s announcement that it would cut the UK interest rate from 0.5% to 0.25% was widely predicted by financial commentators and investment analysts, however the Governor, Mark Carney, warned that banks had ‘no excuse’ not to pass on the lower borrowing...
by fpgonline | Jul 26, 2016 | Latest News & Blog
Although the Bank of England decided not to reduce interest rates in July as it further assesses the impact of Brexit on the UK’s economy, intensifying competition between banks and building societies – who are expecting a base rate cut in August –...
by fpgonline | Jul 15, 2016 | Latest News & Blog
The post-Brexit landscape continues to change at a rapid pace following new Prime Minister Teresa May’s dramatic move into Number Ten, and the unveiling of a new-look Cabinet – almost every Governmental department has welcomed in a new Ministerial head in the 48 hours...
by fpgonline | Jul 6, 2016 | Latest News & Blog
The Governor of the Bank of England, Mark Carney, made a statement on Tuesday to give a further economic update following the Brexit vote result on June 23rd. Although equity markets have largely recovered, with the FTSE100 currently at pre-referendum levels following...
by fpgonline | Jul 5, 2016 | Latest News & Blog
The implications of Brexit on the UK property sector was widely predicted to have a negative impact on both commercial and residential markets, and in the coming weeks and months, homeowners will be nervously looking at the economic forecasts for any signs of a...