iM Mortgages

Month: July 2024

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  • Month: July 2024
Doubts over August rate cut despite inflation holding steady at 2%

Doubts over August rate cut despite inflation holding steady at 2%

Doubts over August rate cut despite inflation holding steady at 2% UK inflation remained unchanged at 2% in June – but experts from across the sector have warned it may not be enough for the Bank of England to cut rates in August. This is because services inflation – which includes everything from restaurants to

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Leasehold reform and Renters’ Rights Bill announced in King’s Speech

Leasehold reform and Renters’ Rights Bill announced in King’s Speech

The government will introduce legislation to protect renters and leaseholders, it was said in the King’s Speech today. Speaking to both Houses of Commons to introduce the new government, King Charles said: “Legislation will be introduced to give greater rights and protections to people renting their homes, including ending no-fault evictions and reforming grounds for

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