Fife House Sales Up 4.2% as Interest Rates Fall (Watch/Read/Listen)
PODCAST: https://creators.spotify.com/pod/show/fife-properties/episodes/The-Fife-Property-Market–January-2025-Update-e2v3gsr
Last week, the Bank of England’s interest rate dropped to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s policymakers supported the move to 4.5%, a minority favoured a more aggressive cut to 4.25%, highlighting the ongoing uncertainty surrounding the UK economy.
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