Black Brick Managing Partner, Camilla Dell has welcomed the news that the Bank of England is expected to cut its base rate today by 0.25%.
“As the government attempts to repair the UK’s flagging economy London’s property market is – for the most part – treading water as 2025 begins.
“But there are signs of resilience, even some bright spots, and if, as predicted, the Bank of England cuts interest rates this month the spring market could mark a turning point.”
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