Base Rate Drops to 1.5%… we’re almost there
Te Bank of England has dropped the base rate by another .5% to the lowest point in 315 years. This is also the lowest it’s been since the Bank of England inception in 1694.
As with the previous 4 decreases since October, there are mixed reactions. Steve Radley, chief economist of manufacturers’ association EEF says: “Whilst [...]
News in the Wake of the Base Rate Cut
Ever since the Bank of England dropped the base rate 1.5%, there has been a plethora of news in the mortgage and finance industry. Here is a quick list of some of the top stories we’ve recently come across:
B&B chair Pym tells MPs buy-to-let market “now closed” - MoneyMarketing
Shareholders approve Lloyds takeover of HBOS - [...]