Blog/News

Bank of England base rate remains at 0.5%

GREAT NEWS The Bank of England’s Monetary Policy Committee has kept the base rate on hold at 0.5% The Bank has kept interest rates on hold since March 2009 now. What the Bank of England said “ We remain of the view that rates will rise in small steps when they go, they won’t rise by much and it is possible that this might not happen until later in the year” *Please contact me or my team on 01689 851266 to discuss what impact this may have on your mortgage now or in the future*