Interest rates are "no barrier to an active property market"

Interest rates are "no barrier to an active property market"

The UK property market continues to see strong demand from buyers, proving that the ‘new normal’ for interest rates will not be a stumbling block. The Bank of England announced last week it would hold interest rates at 4.5%, after some economic and global trade uncertainty led the Monetary Policy Committee to put the brakes on any further rate cuts for now. Many economists expect the next meeting in May to lead to a fall in interest rates, after…