PRESS COVERAGE
Interest rates raised to 4.5% by Bank of England – property industry reaction
Property Industry Eye featured Anderson Harris's reaction to the Bank of England's 12th consecutive rate rise to 4.5%, with Adrian Anderson providing the mortgage adviser's perspective on what the decision meant for market activity. He warned that continued uncertainty over the rate peak was beginning to visibly dampen transaction volumes, with buyers and sellers hesitating in the absence of a clear signal from the MPC. The piece captured the mood of a market in genuine transition.
Extract Published - 11th May 2023
SEE ARTICLE →
The return of no-deposit mortgages could prove a ‘lifeline’ for buyers
Skipton Building Society's no-deposit Track Record Mortgage was the most significant product launch of 2023 for long-term renters - and Property Industry Eye asked Adrian Anderson to assess what it could mean in practice. He explained the eligibility criteria, the commercial logic behind the product, and the responsibilities that come with 100% LTV borrowing. His commentary helped industry professionals give their clients a realistic picture of the product's potential and limitations.
Extract Published - 10th May 2023
SEE ARTICLE →
Interest rates raised to 4.25% by Bank of England – property industry reaction
Property Industry Eye featured Anderson Harris's reaction to the Bank of England raising rates to 4.25% in March 2023, with Adrian Anderson sharing the adviser's read of an increasingly exhausting rate cycle. He noted that the cumulative impact of repeated rises was transforming the affordability landscape for buyers and remortgagers, and that the market was beginning to show signs of structural adjustment as a result. His commentary called for greater clarity from the Bank on its rate outlook.
Extract Published - 23rd March 2023