New homes mortgage rates ‘at their most affordable’
The Council of Mortgage Lenders (CML) has reported that new homeowners in May only spent 9.5 per cent of their income on interest payments.
The Council of Mortgage Lenders (CML) has reported that new homeowners in May only spent 9.5 per cent of their income on interest payments.
The Bank of England’s decision to keep interest rates at 0.5 per cent will mean that repayments on buy-to-let will remain low.
As widely expected, the Bank of England (BoE) today kept the Interest Rate at the low of 0.5%, which it first reached in March 2009.
The Bank of England’s Monetary Policy Committee today announced that it had voted to keep the Bank Rate at the all time low of 0.5%, along with maintaining the size of the asset purchase programme (quantitative easing).
The Bank of England (BoE)today announced they would keep the interest rates at the all time low of 0.5%. Interest rates have now been at this level for 13 consective months.
The Bank of England (BoE) decides to keep the Interest Rate at 0.5% and maintain the size of the asset puchase programme
Bank of England Maintains Bank Rate at 0.5% and Maintains the Size of the Asset Purchase Programme at £200 Billion
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by [...]
Not surprisingly the Bank of England (BoE) has today voted to maintain the Interest Rate at 0.5%, now for the 11 month running since they reducing the rate by 0.5% to the record low of 0.5% back in March 2009.
The Bank also voted to continue with it’s programme of quantitative easing (QE), maintining the level [...]
The Bank of England (BoE) has decided to keep UK interest rates at the all time low of 0.5%, in a move that was widely expected.
The committee has also committed to continue with the quantative easing (QE) that it announced last month would be increased to £200bn.
The Bank recently warned that the recovery would be [...]
Interest rates remain at 0.5% after the announcement today from the Bank of England, this being the eighth successive month since reaching the all time low in March.
The Bank has decided to pump an extra £25bn into the economy via their quantitative easing (QE) programme, having already spent £175bn on it so far. The Bank [...]