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Antony Antoniou – Luxury Property Expert

February 2024

Are interest rates falling or rising what is going on?

Interest Rates in Flux: Are They Rising or Falling?
Introduction

After several months of steadily falling interest rates, there has been some indication over the past few weeks that rates may be starting to rise again amongst some lenders. This has led to confusion over whether the overall downwards trend is reversing. This article will analyze the current situation and explain what is driving these fluctuations.

How landlords can hit their new EPC targets – as cheaply as possible

How landlords can hit their new EPC targets – as cheaply as possible
Upgrading Rental Properties to Meet New Energy Efficiency Standards

The UK government has unveiled ambitious plans to upgrade the energy efficiency of rental properties over the next several years. By 2028, all rented homes must achieve a C rating on their Energy Performance Certificate (EPC), a measure of energy efficiency

Michael Gove says no-fault evictions will be banned this year

Michael Gove says no-fault evictions will be banned this year

Housing Minister Promises Ban on ‘No-Fault’ Evictions Before Next Election

The housing minister for England, Michael Gove, has announced controversial plans to abolish ‘no-fault’ evictions for private tenants by the time of the next general election. This policy would remove the right of landlords to end tenancies at the conclusion of a fixed term without providing justification, by scrapping Section 21 of the Housing Act 1988.

Michael Gove announces home extension shake-up

Michael Gove announces home extension shake-up

Gove’s Planning Overhaul Courts Controversy and Risks Neighborhood Strife

A sweeping set of reforms unveiled by Housing Secretary Michael Gove aims to boost housing supply by relaxing England’s rigid planning rules, but risks provoking friction between homeowners impacted by unrestrained development permissions.

Property Market Update – February 2024

Property Market Update – February 2024
The UK Housing Market: House Prices Continue to Fall for the Third Consecutive Month

The UK housing market is currently experiencing a sharp decline, with house prices falling for the third consecutive month. According to the Office for National Statistics (ONS), house prices dropped by 0.3% between January and February. This is in addition to the fact that the average house price grew by only 5.5% in the year to February, which is significantly lower than January’s figure of 6.5%. This is the smallest increase since October 2020.

The Bank of England should have reduced interest rates this week

The Bank of England’s Inaction on Interest Rates is Choking the Economy

The Bank of England (BoE) decided against cutting interest rates this week, a move that many economists believe was a mistake. With inflation rising rapidly and the economy at risk of recession, a rate cut could have provided much-needed stimulus. In this post, I’ll summarise the key arguments made in a recent video about why the BoE should have reduced rates.

Reaction to the Bank of England Interest Rate Hold

Reaction to the Bank of England Interest Rate Hold
The Bank of England’s Ongoing Incompetence

The latest decision by the Bank of England’s Monetary Policy Committee (MPC) to hold interest rates at 5.25% is yet another sign of the shocking incompetence we have witnessed from the Bank over the past year.