The UK’s Bank of England Monetary Policy Committee (MPC) has reduced base rate by a further 0.5% and voted to begin quantitative easing, a less conventional economic stimulus to increase the money supply. Neil Young, CEO – Young Group, believes its greatest impact will be to broaden the divide between the ... Read More...
Neil Young
It was widely predicted that the UK’s Bank of England Monetary Policy Committee (MPC) would announce a further cut in base rate today. In line with consensus predictions, the rate has been reduced by 50 basis points, bringing the base rate down to a new all time low of ... Read More...
The UK ground to a halt this week as the result of a straining transport network brought to its knees by the heaviest snowfall in 18 years. The effect was most stark in London, which saw all of the capital’s buses confined to their depots and only a handful of train ... Read More...
House price data for December 2008 issued today by the Land Registry indicates that UK house prices fell by 13.5% during 2008. Property portfolio managers Young Group takes the opportunity to set 2008’s house price movements in its wider context against equity and pension fund performance. Neil Young, ... Read More...
Today’s decision to reduce the base rate by 0.5% to an all time low of 1.5% was widely anticipated but base rate cuts alone are no longer an effective economic tool. The direct impact of base rate cuts felt by borrowers is limited by lenders’ collared tracker products and their unwillingness ... Read More...
Today’s Bank of England base rate cut from 3.0% to 2.0% will boost the buy-to-let sector by more than £400 million, according to property portfolio managers, Young Group. Furthermore, Young Group has identified that, all told, this year’s cuts in base rate from 5.5% to the current level of 2.0% has ... Read More...
Today’s unprecedented 1.5 per cent cut in base rate is great news for those with tracker mortgages – and may also bring relief for those on variable rates. Buy-to-let investors at Young Group’s myBASE1 development in Southwark completed on their purchases earlier this year, the majority taking tracker rate mortgages; many ... Read More...
November’s meeting of the Bank of England’s Monetary Policy Committee (MPC) is widely expected to result in a second consecutive base rate cut of 0.5% but may not bring relief for homeowners. Neil Young, CEO of property portfolio managers, Young Group, explains that whilst this would be good news for the ... Read More...
With news of the demise of Lehman Brothers, the respected 158 year old investment bank, on everyone’s lips it’s an opportune time to reflect on the performance of equity investments and tangible property assets. The Property Market: • Property prices can fall e.g. in the early 1990s, property in England fell by ... Read More...