Property Investment News and Analysis from Jet-to-Let Magazine

The Bank of England should raise interest rates to 5.75% by June in order to guard against wage-driven inflation, a think tank has warned.

While rates are expected to go up from 5.25% to 5.5% next month, the National Institute for Economic and Social Research says a bigger rise is ... more »

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Home information packs under fire

by Jet-to-Let Magazine on Wed 02 May 2007 17:39 BST

A House of Lords committee has described the opposition to the introduction of Home Information Packs (HIPs) as "striking" and "widespread".

From 1 June house sellers in England and Wales must have a HIP containing title deeds, local searches and an energy performance certificate.

Estate agency and legal bodies have ... more »

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Mortgage approvals weaker than expected

by Jet-to-Let Magazine on Wed 02 May 2007 17:32 BST

Mortgage approvals fell to their lowest level in a year in March, official data showed on Wednesday, in a sign that higher interest rates are finally starting to bite.

The Bank of England said the number of approvals -- loans for house purchases agreed but not yet made -- fell ... more »

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