Interest Rates go up 0.25% to 5.25%
Jan - 11 | 
1 comment. | 
Overseas Property News, UK Property
In the last hour the Bank of England has announced that the interest rate has been increased by quarter of a percent to 5.25%.
This was a surprise as many analyists expected the rise later on in the Spring. This will have an impact on homeowners that have borrowed too much and are already stretched.
See the following sources for more detailed reports:
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