Lynda Clark - Profile and Journalist Details
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Lynda Clark
Verified
Editor, First Time Buyer
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Content
By Lynda Clark Verified| First Time Buyer Verified The base rate which determines how much banks charge when you borrow money has today been cut by the Bank of England from 5.25% to 5%. This will be a great relief for first time buyers as it is the first cut in over four years. The Bank of England last cut interest rates in March 2020 when the figure was at an all-time low of just 0.1%. But in December 2021 they started increasing borrowing costs and in August 2023 they increased the rate to 5.25% where it has stood until today.
By Lynda Clark Verified| First Time Buyer Verified Olivia Bowen is well-known for coming second on Love Island in 2016 with her now-husband Alex Bowen. The pair were the first couple from the show to get married. She is passionate about property and interiors and has over 750,000 followers on Instagram, @thebowenhome, where she updates and gives inspiration on her latest renovation projects. Lynda Clark caught up with Olivia again to find out what she has been doing since we last spoke to her.
By Lynda Clark Verified| First Time Buyer Verified The base rate which determines how much banks charge when you borrow money has today been cut by the Bank of England from 5.25% to 5%. This will be a great relief for first time buyers as it is the first cut in over four years. The Bank of England last cut interest rates in March 2020 when the figure was at an all-time low of just 0.1%. But in December 2021 they started increasing borrowing costs and in August 2023 they increased the rate to 5.25% where it has stood until today.
Company Info
First Time Buyer
Educating the benefits of home ownership to the first time home buyer, start-to-finish information, current programs available and how to avoid the pitfalls.
United Kingdom, United Kingdom