Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Thursday, February 13, 2014

BoE to keep rates until 2015

Well, it looks like landlords can sleep soundly for another year. The Bank of England seem to be happy to sever their stated link to unemployment with the raising of base rate.

With unemployment now expected to dip below the original trigger of 7% by March this year, the BoE seem to be ready to ignore that particular line in the sand.

Reporting good economic growth, the BoE  shared concerns over the fragility and balance of the current recovery, with Mark Carney indicating that the current weakness of the economy would not support a interest rate rise before at least 2015.

Read more from the Telegraph 

Read more from the BBC

Read more from the Scotsman

Read more from the Financial Times

Read more from the Guardian

Search the whole BTL mortgage market free

Bookmark and Share

No comments: