Tag: base rate
Shock inflation rate rise kills hope of Christmas Bank of England base rate cut
The news will be a blow to home buyers and anyone looking to remortgage. …
Bank of England issues mortgage warning as governor blames Rachel Reeves and Donald Trump
Andrew Bailey’s comments came in response to a question by the Labour MP for Darlington Lola McEvoy …
Martin Lewis issues savings and mortgages warning after Bank of England base rate cut
Martin Lewis issued a warning following the cut to rates by the Bank of England. …
Bank of England base rate could plunge to 2.75% – saving home buyers £2,500 a year
The investment bank’s economists suggest the current base rate of 5 percent will come down to as low as 2.75 percent by November next year. …
Warning over Bank of England interest rates as ‘something around the corner’
Bosses at the Bank of England have been giving mixed messages on the path of interest rates …
Bank of England interest rates ‘set for 1.5 per cent plunge within months’
The nation’s economy is poised to surge at double the pace previously expected this year …
Bank of England blamed for new risk of home loan rate rises
So-called “Sonia swap rates”, which set the benchmark for lending between financial institutions, have risen slightly over the past week. …
Hope for Bank of England rate cut dashed by soaring air fares
The headline inflation rate was unchanged at 2.2 percent in August, but core inflation – stripping out energy, food, alcohol and tobacco – rose to 3.6 percent. …
More than 600,000 to see cuts of £341 a year on tracker rate mortgages within days
Major banks have given the exact dates that customers with tracker mortgages will see their repayments reduce …
Homebuyers ‘paying £470 a month too much’ due to ‘rip-off’ standard variable rate loans
The rates on these deals are way ahead of home loans that track the Bank of England base rate or the cheapest fixed rate deals. …