bank interest rate
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Housing Market
REACTION: Bank cuts rate by 0.25% to boost property market
The industry comments on the Bank of England's Monetary Policy Committee's vote to drop the base interest rate to 4.25%.
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Housing Market
REACTION: Bank of England cuts base rate by 0.25%
In widely expected move, the Bank of England's MPC has today voted by 8 to 1 to reduce the base rate to 4.75%
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Housing Market
Interest rate boost for property sector expected today
Bank of England Governor Andrew Bailey could announce a cut in the base interest rate, which would help the housing market after a blow in last week's Budget.
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Housing Market
Agents are hoping for summer rate cut to boost buyer activity
Seventeen out of 20 of those surveyed believe that its higher mortgage rates that have dampened buyer market activity, with nearly eight out of 10 stating that the issue has persisted due to Bank’s 5.25% rate.
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Latest property news
Bank reveals latest interest rate decision
The Bank of England and its Governor Andrew Bailey have decided to freeze the base interest rate again this month, keeping it at 5.25%.
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Housing Market
BoE under pressure to cut interest rates this week
Mortgage costs continue to climb adding to the calls for the Bank of England and its Governor Andrew Bailey to cut the base rate when it announces its latest decision on Thursday.
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Latest property news
KPMG: Bank of England ‘will cut interest rate four times this year’
KPMG says Governor Andrew Bailey and the Bank of England must cut interest rates quickly or the economy will suffer.
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Latest property news
Inflation boost could be ‘starting gun’ for mortgage cuts
Ben Thompson of the Mortgage Advice Bureau says the lowest inflation figure in more than two years might ease mortgage pressures.
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Latest property news
Estate agents lead calls for rate cut as inflation drops
Propertymark says it is the 'ideal time' to cut interest rates as inflation falls to its lowest level in more than two years.
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Latest property news
Housing market ‘not out of woods yet’ and prices will fall, analyst warns
Rob Morgan of Charles Stanley says interest rate cuts cannot be taken for granted with some real risks to inflation.
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