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Mortgage Advice Hertfordshire & Cambridgeshire

Mortgage Advice Hertfordshire & Cambridgeshire

07956 982 986

82 Sunnybank Road Potters Bar Hertfordshire EN6 2NF

Alex Pangratiou

Bank of England cuts interest rate to 4.25%

Bank of England cuts interest rate to 4.25%

The Bank of England has cut the base rate by a widely expected 0.25% to 4.25%. The rate-setting Monetary Policy Committee voted in a 5 to 4 split in favour of reducing the rate, which affects a wide range of consumer loan agreements from credit card to mortgage...
Interest rates could fall more quickly, hints Bank

Interest rates could fall more quickly, hints Bank

The Bank of England could cut interest rates more quickly if price rises remain under control, its governor has suggested. Andrew Bailey told the Guardian that the Bank could be a “bit more aggressive” at cutting borrowing costs, depending on the rate of inflation....
UK inflation rate drops again

UK inflation rate drops again

Are base rate decreases coming soon? The annual inflation rate in the UK continued to fall in November, dropping to 3.9% from last month’s 4.6%. The latest consumer price inflation (CPI) data published by the Office for National Statistics (ONS) on Wednesday also...
Bank raises base rate to 5.25%

Bank raises base rate to 5.25%

Bank raises base rate to 5% The Bank of England (BoE) has increased the base rate by 50 basis points to 5.25% — its 13th consecutive rise.  This is the biggest rise since February, and follows two monthly increases of just 25 basis points.  The BoE’s Monetary Policy...