Month: July 2015

When will interest rates rise? and what will happen to property prices when they do?

When will interest rates rise? And what will happen to property prices when they do?   Bank of England Governor Mark Carney has said he expects a judgement on whether rates must go up from their long-term floor of 0.5% around \’the turn of the year\’. In a speech he said that he expected rates …

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Rent Reviews

Compton Beauchamp Estates Ltd V Spence 2013 In a recent case about appealing an arbitrator’s decision on a rent review it was held that the arbitrator’s failure to give adequate reasons for his decision did not give rise to a substantial injustice to the landlord. The claimant landlord had challenged the award that was given …

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July Economic Review

According to the British Chambers of Commerce, in their UK monthly economic review for July, the UK economy grew by 0.4% in quarter 1 2015. GDP growth as a whole for 2014 was revised up which is the fastest pace of growth since 2006. This upward growth revision was largely driven by better performance from …

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