The Bank of England has decided to keep the base rate at the same level for the third review in a row.
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REACTION: Bank of England hikes interest rate for eleventh time in a row
With this week’s rise in inflation combined with a move by the US Federal Reserve to go ahead with a 0.25% rise, the BoE had few choices.
Read MoreMARKET: Number of house sales dropped in December but ‘still strong’
Sales dipped 3% on November but were just 1% down on the same time last year, government figures from HMRC reveal.
Read MoreWill energy crisis and Ukraine sap home buyer confidence?
Agents and brokers speak about their fears for the coming months despite rampant house price rises reported by Halifax yesterday.
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