Bank of England Base rate Archives - Grace Charles Investment

BoE holds interest rate at 5.25%

The Bank of England’s Monetary Policy Committee has decided to hold the base rate at 5.25% – for the fifth meeting in a row.
The current rate, which was set last August, is the highest for nearly 16 years.

Bank of England hold firm at 5.25%

The Bank of England’s Monetary Policy Committee (MPC) voted 6 – 3 to maintain the Bank Base Rate at 5.25. Two MPC members voted to to increase the rate by 0.25% and one member voted for a 0.25% reduction. This is consistent with the MPCs&#8…

Mortgage worries mount for landlords as renters could face higher rents

Rising mortgage payments will lead to higher rents, the NRLA and Bank of England warn.
According to the NRLA, almost two-thirds of private landlords expect to see their mortgage payments increase over the next 12 months.
The news comes in the wake of …

‘Christmas cheer’ as BOE interest rates remain unchanged

The Bank of England has held firm as interest rates remain unchanged at 5.25%.
The decision, which was widely expected by financial markets, means borrowing costs will remain at their highest level for 15 years.
The Bank had previously raised rates 14 …

Bank of England holds firm at 5.25%

The Bank of England’s Monetary Policy Committee (MPC) voted 6 to 3 to maintain the Bank Base Rate at 5.25%. Despite the Fed freezing the US rate yesterday, three MPC members still voted to increase the Base Rate by 0.25%.

Interest rates remain unchanged at 5.25% – ending 14 months of rises

The Bank of England (BoE) has hit the brakes on base rate rises with news that the current rate of 5.25% will remain unchanged.
The decision brings to an end 14 months of base rate rises and follows an unexpected slowdown in price rises last month when…

Bank of England continue down the path of pain and raise Base rate to 5.25%

The Bank of England’s Monetary Policy Committee (MPC) voted by a closer majority than last time of 6–3 to increase Bank Rate by a quarter of a percent, to 5.25%.
Two MPC members voted to increase the rate by 0.5% and one member preferred to stabi…

Bank of England breaks with Fed lead and increases Base rate by 0.5% to 5%

The Bank of England’s Monetary Policy Committee voted 7 to 2 to increase the Base rate by 0.5% against the expected 0.25% to a new post-credit crisis high of 5%. Interestingly the two dissenting Doves voted for no increase and to hold at 4.5%
The…

Mortgage rate rises cause summer slowdown

Average new seller asking prices fall for the first time this year, the Rightmove House Price Index reveals.
New seller asking prices fell by £82 this month to £372,812.
The House Price Index for June reveals

Landlord Crusader: In the end, it was the Bank of England that broke the PRS

As hardworking and worried landlords, we all know the buy-to-let market is facing a potential catastrophe of rising interest rates, tightening lending criteria and falling house prices.
That inevitably means many of us may find ourselves struggling to…

News

BoE holds interest rate at 5.25%

Bank of England hold firm at 5.25%

Mortgage worries mount for landlords as renters could face higher rents

‘Christmas cheer’ as BOE interest rates remain unchanged

Bank of England holds firm at 5.25%

Interest rates remain unchanged at 5.25% – ending 14 months of rises

Bank of England continue down the path of pain and raise Base rate to 5.25%

Bank of England breaks with Fed lead and increases Base rate by 0.5% to 5%

Mortgage rate rises cause summer slowdown

Landlord Crusader: In the end, it was the Bank of England that broke the PRS

BOE beyond reproach?

Bank of England Base Rate up 0.25% to 4.5%

Bank of England steady the ship with a 0.25% Base Rate increase

Bank of England Base Rate hits 4%

Bank Base Rate increased as predicted to 3%