Date Published 05 August 2016
''The Bank of England has, as expected, cut its base to 0.25% after a record seven years at its previous historic low of 0.5% !
We're confident that this will have a favourable effect on the Leicestershire market. We have seen many first-time buyers already taking advantage from low interest rates and therefore stepping onto the property ladder, and a drop in rates will provide an additional boost for those who have been sitting on the fence and holding off making property purchases. The cut in the base rate is also excellent news for vendors looking to sell in the Leicestershire area, as there are going to be more enthused confident buyers entering the market. As well as Charles Derby Estates, the wider media has also had its say, and has reacted positively to the news!
There's never been a better time to buy or sell with Charles Derby Estates Leicester!
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