Last month's rate cut by the Bank of England has further accelerated an already very busy property market, according to the latest insight and market analysis from Home.
Yann Murciano, CEO at BLEND looks at how, despite the currently slow pace of the housing market, momentum is continuing to build following last month's cut in the base rate.
The value of rent arrears has climbed sharply since Q2 2023 placing landlords at significant risk of not receiving enough cover from a five-week cash deposit.