Independent Mortgages Direct NE

Interest Rate & House On Teeter Totter

BoE Increase Base Rate By 0.25% To 4.50%

The Bank of England (BoE) has today raised interest rates for the 12th consecutive time by a further 0.25% taking the Base Rate from 4.25% to 4.50% pushing the rate to it’s highest level since 2008.

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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).