UK Landlord Forum / Life

http://www.express.co.uk/posts/view/27756/Banks-raise-home-hopes

Quote
Roger Bootle, of Capital Economics, an adviser to consultancy firm Deloitte, said: "This interest rate cut is unlikely to be a one-off like the last one back in August 2005.

"Indeed, we now believe that interest rates could eventually fall all the way to four per cent as the Bank responds to weak overseas activity, a sharply slowing housing market at home and, in time, falling inflation."

Optimistic? I think so. But I think it will get lower, but not to that degree. Oh well, let's watch the space...

A finely ballenced scale, to much one way and we pay through our mortgages to much the other and we pay in the shops lol.  i would hate to be the bank of Englands money guru