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.