16th September 2015

Interest Rates - The Conundrum

Over the last few months, with forward guidance from the Governor of the Bank of England, we have been watching out for a potential interest rate rise. With the recent economic difficulties coming out of China it has been interesting to see that forecasts of a quarter percent rise in quarter 3 and quarter 4 of this year have now changed with most experts expecting the rise sometime in 2016 and some even anticipating quarter 3 or quarter 4 2016. Have recent uncertainties caused the market to slow down? I would advise that certainly not according to my own feelings and experiences. The figure that I am looking at with interest is the amount of properties coming on to the market as we do not seem to be getting as much traction as we would normally have at this time in a recovery. I will keep you advised of stats.

Lindsay Darroch
Partner – Head of Property

 

 

The opinions expressed in this site are of the author(s) only and do not necessarily represent the opinions of Blackadders LLP.

Blackadders takes all reasonable steps to ensure that the content of this site is accurate and up to date. The site is not, however, intended as a substitute for seeking legal or other professional advice but rather as an informative guide to the services provided by Blackadders and topical legal developments. Site visitors should always seek advice tailored to their specific situation. Consequently, Blackadders accepts no responsibility for any loss or damage suffered by anyone acting or failing to act on the basis of information contained on this site. Downloading of material contained on this site is at the user’s own risk and all necessary virus checks must first be carried out by the user. Blackadders is not responsible for the material found on any web sites linked to this one and links to this site may only be made with Blackadders prior consent.

Copyright

Blackadders owns the copyright in this blog and all material contained on it. The material on this site may be downloaded for personal use only and must not be altered. Otherwise, Blackadders’ written consent is required before any material on this site is reproduced, copied or transmitted in any way.

Privacy Statement

Information passed to us via this site is kept confidential and will not be disclosed to third parties except if authorised by you or required by law.

© Blackadders LLP 2011

Members of the Law Society of Scotland. Authorised to conduct Investment Business under the Financial Services & Markets Act 2000 by the Financial Services Authority.

Blackadders Solicitors is a trading name of Blackadders LLP, a limited liability partnership, registered in Scotland No SO301600 whose registered office is 30 & 34 Reform Street, Dundee, DD1 1RJ. Reference to a ‘partner’ is to a member of Blackadders LLP.

Back to News & Legal updates