tel: 0800 0683 651

Mortgage & Remortgage Choice at Open Choice Mortgages

Base Rate Held

The Bank of England’s monetary policy committee voted to keep the base rate at 4.75% last week, despite pressure from business groups to cut interest rates following weak performance in the housing market and on the high street.

However, many economists still believe interest rates will fall, some saying the first cut coming as early as August.

July 11, 2005

glossary

Coming Soon...