Yesterday’s unprecedented announcement from the Prime Minister Gordon Brown that The Bank of England had cut the UK interest rate by 0.5% has been welcomed by everyone. The mortgage interest rate has fallen from 5% to 4.5% which is great news for everyone. Further news that the US and European central banks were following...
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Gordon Brown told us when he was a prudent Chancellor for 11 years that he did not want an economy that went from Boom to Bust and back again. Gordon Brown and his new Chancellor are now practicing the Big Bang Theory with our Economy it seems! Our Banking system is in melt-down, the...
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Communities Secretary Hazel Blears confirms the cross-governments plan to help first time buyers, vulnerable homeowners at risk of repossession and to provide support for the house building sector. To read more Click here! Bookmark on Delicious Digg this post Recommend on Facebook Share with Stumblers Share on technorati Tweet about it Buzz it up...
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The Chancellor Alistair Darling this morning announced that he had temporarily raised Stamp Duty on house purchases from £125,000 to £175,000 for one year only. This Government believes that this will stimulate the housing market and encourage the First-Time-Buyers into buying their first home. The last time the conservatives were in power they temporarily...
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