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Propertymark is the latest trade body to call on the Bank of England to cut interest rates to boost demand for property.

Contact us today to speak with a specialist Commercial Mortgages Broker to discuss how we can assist you.

It sees lower rates as key to increasing affordability levels and consumer confidence, particularly among first-time buyers, as well as ease the financial strains on homeowners in general.

Get in touch to discuss your Commercial Finance needs today.

The news comes as property website Zoopla found that people who are buying their first home are paying an average of £244,100 – this is £20,300 below the local market average.

To read the full article click the link below:

Source: Property Industry Eye

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