Hancock Financial Solutions Ltd

13/02/2023

https://moneyweek.com/personal-finance/mortgages/600892/should-you-overpay-your-mortgage?utm_campaign=moneyweek_newsletter_20230213&utm_source=moneyweek_newsletter&refid=01EFBB3C8D2CFFC82D63FF72C5B2B411&utm_medium=email

Given higher interest rates and the rising cost of living, is it better to overpay your mortgage and will doing so save you money?

02/02/2023

https://www.msn.com/en-gb/money/other/when-to-fix-your-mortgage-to-beat-rising-rates/ar-AA171AZh?bncnt=BroadcastNews_TopStories&ocid=msedgdhp&FORM=BNC001&pc=U531&cvid=efb299471fee4041883b28b4c2434c73

Wait until this date to fix your mortgage

02/02/2023

https://www.moneyage.co.uk/bank-of-england-increases-interest-rates-to-4.php

The Bank of England (BoE) has announced another rise to interest rates to take its base rate to 4%, its highest level for 14 years

31/01/2023

https://www.financialreporter.co.uk/mortgage-approvals-slump-amid-rising-borrowing-costs-boe.html

If the onset of the Covid-19 pandemic and period immediately thereafter is excluded, house purchase approvals are at the lowest level since January 2009.

30/01/2023

https://stocks.apple.com/AuUSK65S0RJybf2WEUDB4CQ

Mortgage repayments for those coming off long-term deals will rise by an average of £275 a month if the Bank of England raises the base rate to 4 per cent on Thursday

25/12/2022

Merry Christmas to all our wonderful clients. Have a lovely time and see you all in 2023 🎄🎄🎄

04/08/2022

https://www.financialreporter.co.uk/bank-of-england-increases-interest-rates-by-05-to-175.html?SRC=MC

The Bank of England's Monetary Policy Committee has voted 8-1 to increase Bank Rate by 0.5% to 1.75% - the biggest rise in interest rates in 27 years.

16/06/2022

The Bank of England's Monetary Policy Committee has voted to increase the Bank Rate from 1.0% to 1.25%, marking the fifth consecutive increase as the Committee continues to try and keep rising inflation under control.

18/05/2022

UK Inflation soars to 9% in April

UK inflation rose to 9% in April from 7% in March, representing both the highest inflation rate and highest jump in inflation between months in decades.

05/05/2022

The Bank of England's Monetary Policy Committee has voted to increase the Bank Rate from 0.75% to 1.0%. This marks the fourth consecutive increase as the Committee tackles rising inflation.

17/03/2022

Bank of England raising interest rates again

The Bank of England raised interest rates by 0.25% today, bringing rates from 0.5% to 0.75%.

14/03/2022

"As a result, GetAgent believes those first-time buyers who were attempting to climb the ladder during the pandemic will have seen their average age when purchasing pushed back to almost 34."

COVID has pushed the average age of a first-time buyer up by almost two years, analysis by GetAgent has indicated