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Chris Davidson carpets marks forty years of flooring - Vimarsana News

Chris Davidson carpets marks forty years of flooring

Family-run Chris Davidson Carpets marked its 40th anniversary in 2022 though, in some ways, Jo Secular-Hall and her brother Andrew Secular…

Tracker mortgage homeowners face £880 hike in repayments as Bank of England to raise interest rates - Vimarsana News

Tracker mortgage homeowners face £880 hike in repayments as Bank of England to raise interest rates

Tracker mortgages are a variable mortgage which change in accordance with a base rate, often the Bank of England's interest rate. The bank is expected to raise this by 0.75% to three percent tomorrow.

Lloyds prepares for increase in defaults amid rising mortgage rates - Vimarsana News

Lloyds prepares for increase in defaults amid rising mortgage rates

Lloyds Banking Group is preparing itself for an increase in defaults amid rising mortgage rates.  In its Q3 financial results, the UK’s biggest mortgage lender set aside £668m to protect itself against mortgage and loan defaults, due to a “deterioration in the economic outlook”. The group’s base case scenario

News Analysis: Stamp duty cuts: will they help? - Vimarsana News

News Analysis: Stamp duty cuts: will they help?

Chancellor Kwasi Kwarteng’s mini-Budget in September brought a flurry of new stamp duty thresholds for first-time buyers (FTBs) on a permanent basis. In addition, stamp duty was eradicated for purchases of land and buildings for commercial or new residential development. Now that the measures have further bedded into

Market volatility will make rest of the year 'challenging': Askham - Vimarsana News

Market volatility will make rest of the year 'challenging': Askham

After lenders temporarily pulled products to reprice them due to the falling pound, soaring swap rates and base rate increases last week, Buckinghamshire Building Society head of mortgage sales Claire Askham says “it's hard to see which way this is going to go, how it's going to settle down and start to ease”.