Live - Bank of England Interest Rate Decision Dec 2024! 😱
Join us LIVE where we discuss the latest BOE interest rate decision!
✔How will this affect North-East house prices, mortgages, and more?🤔
✔The Bank of England voted to HOLD interest rates at 4.75%
✔3 members voted to cut rates (6-3 split)
✔How does this affect mortgages and house prices?
✔North-East house prices are currently increasing at around 5% and are expected to increase by around 30% over the next 5 years
✔The time to buy isn’t once you get FOMO😱, when house prices are increasing at 10% a year but now
✔This is the perfect time to buy at the beginning of the interest rate-cutting cycle
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