Interest rate rises to HIGHEST since 2009…what does this mean for the housing market?

A positive set of economic data, which in particular reflects a healthy labour market with unemployment at its lowest level for 42 years and the number of positions vacant at a record high, together with inflation stubbornly sat at 2.4 per cent for the last couple of months, pushed the Bank to move the rate upwards towards more normalised levels. Mr Haldane notably recommended last month that the interest rate should increase. Whilst the Bank Rate held in June, the unanimous vote amongst the Monetary Policy Commission (MPC) this month…

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Property news: Demand for ten-year fixed rate mortgage deals increases

Sixty per cent of homeowners weren’t aware of a ten-year fixed rate mortgage (Image: getty) The thing is, many consumers don’t actually know that a decade-long fixed rate product is available.  In a recent survey conducted by Mortgage Advice Bureau, 60 per cent of homeowners weren’t aware that they could take out such a product, even though they have been well established in the market for quite some time.  However, once they knew they were available, more than a third of those polled said that they would consider fixing their…

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Cruise ships failed cleanliness checks at highest rate on record | Cruise | Travel

Cruise ships regularly undergo sanitation inspections to ensure that the liners are kept to a high standard. Due to their contained design, it means illnesses such as norovirus can easily spread when one person is struck down. The popularity of cruises is only increasing with 27.2 million passengers expected to take to the seas in 2018. Last year, cruise liners faced their worst year on record when it came to passing the relevant health checks. Reports from the Centers for Disease Control and Prevention revealed 14 cases failed inspections, out…

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