Early signs property market is starting to pick up

Episode 1619,   Sep 19, 2023, 08:37 AM

Early signs property market is starting to pick up. Mortgage lenders have recently been cutting their fixed-rate deals, on hopes that UK interest rates may be close to their peak. Last week The Mortgage Works, a division of Nationwide, launched a five-year fixed-rate deal priced at 4.99%, a sign that a “mortgage rate war” was well under way. Companies mentioned in Taking Stock today included: Directa Plus #DCTA Versarien #VRS Bango #BGO Hemogenyx #HEMO Futura Medical #FUM Facilities by ADF #ADF Majestic Corporation #MCJ Mobile Streams #MOS Orcadian Energy #ORCA RA International #RAI Wildcat Petroleum #WCAT S4 Capital #SFOR BSF Enterprise #BSFA