The Bank of England has raised interest rates by half a percentage point to 2.25% - the highest level since November 2008.
Fox Estates wish to convey our deep sadness at the passing of our wonderful Queen.
We will not see the like of Queen Elizabeth again. She was a magnificent lady who put her duty to her people before everything else. She served her country selflessly and was a figurehead of national unity through good times and bad.
Everyone at Fox Estates offer our deepest condolences to the Royal Family who like any other family, are grieving the loss of a much loved Mother.
The bank of England have raised the interest rate to 1.75%, the biggest hike in 27 years.
The housing market has retained a surprising degree of of momentum," said Robert Gardner, Nationwide's chief economist.
However he did say there were tentative "tentative signs of slowdown in activity".
The Bank of England is expected to increase rates by as much as 0.5% on Thursday and that could "exert a cooling impact on the market" he said.
"We continue to expect the market to slow as pressure on household budgets intensifies in the coming quarters, with inflation set to reach double digits towards the end of the year."
The average homeowner moves once every 20 years. It's a big decision and is likely to be linked to what's happening in your life, whether it's finding a partner, starting a family or retiring.
Lots of people worry about timing their move with market trends but this is rarely successful. It's more about whether the time is right for you and your family. Beyond that, it's about getting the best advice to make your move successful.
The most valuable thing you can do is speak to us long before you want to make your move. We are always willing to give advice on the market and give you ideas on how to make your home as attractive as possible to prospective buyers so don't wait until the very last minute before seeking the best advice to make your move as smooth as possible.
Fox Estates, 94 Brent Lane, Dartford, DA1 1QX
Tel: 01322 479660 | Email: firstname.lastname@example.org
Fox Estate Agents Ltd. registered in England no. 07343061
Registered address, 8 Twisleton Court, Priory Hill, Dartford, Kent, DA1 2EN
© Fox Estates. All rights reserved.
Powered by Expert Agent Estate Agent Software
Estate agent websites from Expert Agent