UK Landlord Forum / Life

I think it was expected.

Anyways, interest rates are now at 5.5% from 5.75%. Hopefully mortgage lenders will follow suit!

http://www.bankofengland.co.uk/publications/news/2007/156.htm

Quote
The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.5%.

Na mortgages will stay the same, lol, yes here comes the resessisosnssnnnsssss again, battern down the hatches boys and girls

HOPE! HOPE, B, HOPE!!