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Happy New Year

Happy New Year!

Warmest wishes from all of us at Phillips Harrod! As we welcome 2026, we want to thank you for your continued trust and partnership. It’s been a pleasure helping you with your property needs in London’s prime and super-prime market, and we look forward to supporting you with even greater success, opportunities, and personalised service in the year ahead. Here’s to a prosperous, joyful, and exciting New Year!

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Happy Holidays

As the year comes to a close, we wish you a joyful holiday season and a happy, healthy New Year. Thank you for your continued support throughout 2025; we sincerely appreciate it and look forward to working with you in 2026.

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Base rate cut to 3.75%

The Bank of England governor Andrew Bailey has timed this rate cut just before Christmas.

And while this will be welcomed for many borrowers and businesses, the Bank sent out some caution about whether the cuts would continue at the same speed next year.

It might take a lot more for the much-needed jolt of confidence and festive spirit to spread across the economy to businesses that paused investments, and consumers who sat on their savings.

It was a narrow decision, with the governor as the swing voter from hold last month to cut today. Andrew Bailey said we had “passed the peak of inflation”.

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