Buy-to-let Property News, Finance
Bank of England holds 3.75% as three MPC members seek rise
Bank of England keeps Bank Rate at 3.75% after a 6-3 vote, while three MPC members backed an increase as energy costs lift the inflation outlook.
Bank of England keeps Bank Rate at 3.75% after a 6-3 vote, while three MPC members backed an increase as energy costs lift the inflation outlook.
Bank of England chief economist Huw Pill has renewed his call for Bank Rate to rise to 4 percent, a warning that could feed through into buy-to-let pricing if lenders harden fixed-rate expectations.
The Bank of England held Bank Rate at 3.75 percent in a 7-2 June vote, warning that energy-driven inflation risks could keep buy-to-let borrowing costs higher for longer.
Noting ‘some early indications of a slowing in housing demand’, the Bank of England’s Monetary Policy Committee has chosen to dampen the fire further by…
Landlords should steel themselves for interest rate rises in the months ahead. This was the underlying message given in the Bank of England’s latest monthly…