<\/p>\n
Bank of England to cut interest rates to three per cent in 2025 after inflation drops<\/h3>\n
“Interest rates could fall to as low as three per cent next year as the Bank of England slashes the cost of borrowing in response to lower inflation, according to new forecasts.<\/p>\n
Economists at Capital Economics, a consultancy, think the Bank will likely have to cut interest rates much faster than markets expect in response to plummeting inflation.”…<\/p>\n
– Chris\u00a0<\/em>Dorrell, CityA.M<\/em><\/strong><\/p>\n Read the full article<\/a><\/strong><\/p>\n <\/p>\n “\u201cThe outlook for the housing market has certainly improved, partly because the mortgage market has recovered more quickly than expected,\u201d said Lucian Cook, head of residential research at Savills<\/p>\n Richard Donnell, Zoopla, said activity was strongest in places where houses are more affordable, notably Yorkshire and the Humber and the northwest of England. The market in the southeast, where prices are highest, remains the most subdued”…<\/p>\n – Tom Howard, The Times<\/strong><\/em><\/p>\n Read the full article<\/strong><\/a><\/p>\n <\/p>\n “UK property prices increased between January and February this year, according to the latest house price index from Zoopla.<\/p>\n However, the north-south divide continues to be apparent, with the north of England continuing to demonstrate greater resilience and recovery when it comes to house prices. Demand in lower-priced areas tends to remain strong through economic pressures and higher interest rates, which is likely to be buoying many of these regions”…<\/p>\n – Eleanor Harvey, BuyAssociation<\/strong><\/em><\/p>\n Read the full article<\/a><\/strong><\/p>\n <\/p>\n “Whitehall has confirmed the route for a \u00a312 billion rail link between Manchester and Liverpool, paving the way for the next stage of development of Northern Powerhouse Rail. The government has signed off on the preferred route for a new rail line between the two cities, confirming it will go through Warrington Bank Quay and Manchester Airport<\/p>\n A further \u00a335 million has also been released, allowing Network Rail to explore options for connections between Liverpool and Leeds, which includes a new station in Bradford”…<\/p>\n – Dan Whelan, Place North West<\/strong><\/em><\/p>\n Read the full article<\/a><\/strong><\/p>\n <\/p>\n “Aside from the direct investment into the new transport interchange, there are plenty of new projects on the horizon that will continue to improve prospects in Stockport.<\/p>\n The area around the town\u2019s main train station is also undergoing extensive regeneration, including plans to create a new public square along with 60,000 sq ft of office space, boosting options for businesses. This will encompass the potential for shops, cafes, bars and restaurants to this part of the town.”…<\/p>\n – Eleanor Harvey, BuyAssociation<\/em><\/strong><\/p>\n Read the full article<\/a><\/strong><\/p>\n <\/p>\n “Working with Planit, the consultancy giant will advise the city\u00a0on how to make the most of\u00a0its development potential and drive the city council\u2019s vision of a \u201cmulti-billion pound investment boom\u201d.<\/p>\n The aim of the 10-year investment strategy, which will be launched this summer, is to create a \u201croute map for Liverpool to become one of the UK\u2019s major economic powerhouses\u201d, according to the city council.”…<\/p>\n – Dan Whelan, Place North West<\/em><\/strong><\/p>\n Read the full article<\/a><\/strong><\/p>\n <\/p>\n BuyAssociation curates a newsletter of the week’s top UK property news articles, stories and reports. Stay ahead of the market and join over 30,000 of the world’s most informed property investors by registering<\/a> today!<\/p>\nConfidence returning to property market as buyers pay up<\/h3>\n
House prices in the north continue to outperform the south<\/h3>\n
<\/h4>\n
Govt announces \u2018major step forward\u2019 for Northern connectivity<\/h3>\n
Stockport set for more improvements and investment<\/strong><\/h3>\n
\u00a0<\/strong><\/h4>\n
Deloitte to map 10-year Liverpool investment strategy<\/strong><\/h3>\n
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