The Bank had previously raised rates 14 times in a row to tame inflation, leading to increases in mortgage payments but also higher savings rates. With a slim 5-4 vote on maintaining interest rates at 5.25%, it may seem likely that we are beginning to head in the right direction.
The Financial Conduct Authority (FCA) has called the top bankers from Natwest, Barclays, HSBC, and Lloyds to discuss the pricing of cash savings and the support and value provided for customers. Sourced Capital has previously commented on this topic when the Bank of...
In times of economic uncertainty, investors may wonder where to distribute their resources for long term growth and stability. Throughout market fluctuations and evolving trends, property investment has always been seen as an attractive industry.
Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2mins to learn more