Tag Archives: Bank of England

17th May 2012
Mortgage rates could be set to rise because of the eurozone crisis

Mortgages here could rise because of euro zone crisis

By The MyHome Newsdesk | Posted in Mortgages & Money, Property News | Also tagged , , , , , , , , | Comments (0)

Homeowners here could be set to see their mortgages rise sharply in the coming months. It comes after the Bank of England warned that the current Euro Zone crisis is driving up the cost of borrowing for lenders and that they would look to restore their profit margins by passing on that cost. While the [...]

Read More >
10th November 2011
Bank of England

Bank of England keeps interest rates at 0.5%

By The MyHome Newsdesk | Posted in The Overseas Investor | Also tagged , , | Comments (0)

  The Bank of England kept interest rates at 0.5% on Thursday. The bank also left the scale of its quantitative easing programme to boost the money supply unchanged at £275 billion sterling. This is the 33rd consecutive month that the base rate has been left unchanged. Responding to concerns about lagging economic growth, the [...]

Read More >