Bank of England base rate to go up again
Financial analysts are unanimously warning that Bank of England base rate will rise yet again tomorrow.
If they are...
archiveBase Rate
Mortgage costs see ‘meteoric’ rise since last royal coronation
Although interest rates are lower now than at the time of the 1953 coronation, house prices and monthly mortgage interest rates have seen a ‘meteoric’ rise, with many locked out of homeownership today as a result.With King Charles III’s investiture as King on Saturday (May 6), some in the mortgage industry have taken a look back on what has happened in the market since the coronation of the late Queen Elizabeth II in 1953. Back in 1953, the average house price in the UK sat at just under £1,900. Adjusted for inflation,...