England Bank Base Rate

Bank Base Rate Decision

Although the Bank of England's' Monetary Policy Committee, (MPC) have yet again decided to keep the Base Rate on hold, the internal splits within the committee seem to remain with a four way split according to the minutes of the last meeting.

Whilst the debate rages on, recent research conducted by the BBC reflected the differences within the MPC. Of 22 economists who were asked "In which month do you think the MPC will raise interest rates?", 14 said August, four plumped for May and one each reckoned on June, July, November and February.

The follow up question, "What level do you think interest rates will be at by the end of the year?" prompted 12 to say 1%, six were at 1.25%, and one believed they would be up at 1.3%.

READ HERE for the full story by the Coreco Group and all the latest Bank Base Rate analysis.

If you have any questions about buy or selling property, email enquiries@designsonproperty.co.uk or call 0845 838 1763.

Order your FREE First Time Buyers, Trading Up or Trading Down Property Checklist - Email enquiries@designsonproperty.co.uk

Thinking of buying or selling property? Then don't make a move without purchasing a comprehensive Designs on Property property pack:-

Buy our Sellers' Property Pack - includes three month's FREE 1:1 support and a FREE Which? Buy, Sell and Move House Book!

Buy our First Time Buyers' Pack - includes three month's FREE 1:1 support and a FREE Which? Buy, Sell and Move House Book!

Buy our Buy to Let Property Pack - includes three month's FREE 1:1 support
and a FREE Which? Renting and Letting Book!

Need help with a property problem? Have a question? Why not call Designs on Property on 0845 838 1763 or Contact Us via email.