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Interest Rate Review approaching...

Started by propertyfag, January 08, 2008, 04:43:08 PM

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propertyfag

On the 10th of January the BoE will review the base rate. In December it dropped by 0.25%, many believe they'll drop again, although their have been a few cynics saying otherwise.

Last time my lender, Birmingham Midshire, didn't follow suit by lowering their rates, and I got a little frustrated. If rates drop this time, they better follow suit  :-\

However, the telelgragh are saying Lenders may not pass on rate cuts

propertyfag