Base rate held – but fears remain
The Bank of England held the base rate today, something it has been doing ever since cutting the cost of borrowing to a record low 0.5 per cent two ye…
The Bank of England held the base rate today, something it has been doing ever since cutting the cost of borrowing to a record low 0.5 per cent two ye…
With speculation rife about a base rate rise this year, consumers with mortgages may be thinking hard about switching from a variable or tracker mortg…
Continue reading the "The fixed option for repossession concerns" »
Last month saw three members of the Bank of England's Monetary Policy Committee (MPC) voting for a base rate rise, but this will not lead to an in…
Those struggling to pay their mortgages and who are worried about the possibility of repossession may benefit from seeking debt management help as the…
Continue reading the "Base rate hike to increase repossession risk soon?" »
The threat of a base rate rise that could increase the risk of hard-pressed mortgage payers facing repossession may have risen, following publication …
Continue reading the "Repossession risk could increase as inflation raises rate hike threat" »
Those whose debt levels are linked to the Bank of England base rate could find the relief they have enjoyed from this being at a record low for two ye…
Continue reading the "Interest rate hike tip could lead to more debt problems" »
The tally of repossessions in the UK has fallen – though this will be no consolation to the 37,000 people suffering such a fate in 2010.
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A senior member of the Bank of England's Monetary Policy Committee (MPC) has warned new inflationary pressures could leave the body with no choice…
Continue reading the "Repossession risk may rise as Bean hints at rate hike" »
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