Interest Rates

Base rate remains at 0.5%

The Bank of England’s Monetary Policy Committee has voted to keep base rate at 0.5 per cent for the 30th consecutive month.

The committee also voted to keep its programme of quantitative easing at £200bn.

At Spencer Havers we expect rates to remain unchanged for a long time with Quantitative easing kept under constant review and this will be tremendous news for borrowers.

This is really a great time borrow money, or particularly review your current deal if you have not already done so. Please contact me or my team on 01689 851266 to arrange an appointment