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By Josh Cousens, abbotFox Estate Agents The increasingly renowned Bank of Mum and Dad are expected to lend a helping hand to 25 per cent of UK property transactions this year. In numerical terms this means our parents are expected to fork out a combined total of over £5 billion, contributing to over 300,000 mortgages. […]
On 4 August 2016, the Bank of England (BoE) cut interest rates from 0.5 per cent to 0.25 per cent after a record seven years. The record low cut comes as an attempt to offset the threat of a post-Brexit vote recession. When Britain voted to leave the EU, buy-to-let appeared to be an early […]