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interest rate

Your profession

MPC voted 8-1 to make 0.25% cut

The Bank of England voted 8-1 to cut interest rates by 0.25% at the beginning of the month it has been revealed.

clock 20 February 2008 •

Your profession

Bank expects only 1.5% growth in 2008

GDP growth could fall to 1.5% by the end of 2008 according to the Bank of England's latest inflation report.

clock 13 February 2008 •

Mortgages

January mortgage market 'weakest since '94'

Mortgage approvals rose in January for the first time since May 2007, but the market remains weak, according to research by Connells Survey & Valuation.

clock 11 February 2008 •

Mortgages

Charcol urges borrowers to keep paying higher rate

Borrowers who can afford higher monthly mortgage repayments, brought on by last year's interest rate rises, should consider continuing to pay off the same amount to shrink their mortgage, says mortgage broker John Charcol.

clock 11 February 2008 •

Your profession

Rates cut to 5.25%

The Bank of England's Monetary Policy Committee (MPC) has cut interest rates by a quarter of a percentage point to 5.25%.

clock 07 February 2008 •

Mortgages

Mortgage Express cuts lifetime mortgage rates

Mortgage Express has re-priced its Lifetime Mortgage and Lifetime Mortgage Extra products.

clock 28 January 2008 •

Mortgages

Flexible mortgages boosted by rate cut rumours

Mortgage borrowers are turning to trackers with no early redemption penalties in anticipation of a base rate drop in February, according to John Charcol.

clock 24 January 2008 •

Your profession

Inflation concerns dominate MPC vote

The Bank of England's Monetary Policy Committee (MPC) voted 8-1 to keep interest rates on hold it was revealed today.

clock 23 January 2008 •

Your profession

BoE indecision is risking the economy - Assetz

The Bank of England's decision to hold interest rates at the beginning of the year could risk the UK economy, according to Assetz chief executive Stuart Law.

clock 22 January 2008 •

Mortgages

Mortgage lending reaches record high in 2007

Last year was the strongest ever for gross mortgage lending despite problems in the market, according to the Council of Mortgage Lenders (CML).

clock 21 January 2008 •
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