May 2015

This month is Taj's first blog since the General Election. He examines the impact of a Conservative Government on the housing market, and mortgage funding for contractors. 

The Conservatives have pledged to build more new homes over the next parliament to tackle the housing shortgage. Taj looks in to the likelyhood of an interest rate change but predicts a stall until at least 2016. He also analyses inflation and the base rate. 

As we are still in a climate of record low mortgage rates, Taj advises reviewing personal circumstances as it is hard to tell when rates will start increasing again. 

Taj will be back in June to discuss the latest issues affecting contractors and mortgages.