Independent Mortgages Direct NE

House Raising Percentage Sign On See Saw

BoE Increase Base Rate By 0.25% To 4.25%

The Bank of England (BoE) has today raised interest rates by a further 0.25% taking the Base Rate from 4.0% to 4.25% in their eleventh consecutive increase in a further attempt to control increasing inflation.

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Gary Howe
Qualified and experienced Mortgage Broker and Principle of IMDNE with over 30 years experience looking after retail mortgage customers. Authorised and Regulated by the Financial Conduct Authority (FCA Ref 301727) and a member of the Association of Mortgage Intermediaries (AMI).