Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing
Mortgage payers and business owners will be hopeful that a cut in interest rates to 5% by the Bank of England this week signals a return to the pre-pandemic era of low borrowing costs.
Unless much lower interest bills arrive soon, thousands of homeowners and businesses could be forced to sell up.
Continue reading…Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowingMortgage payers and business owners will be hopeful that a cut in interest rates to 5% by the Bank of England this week signals a return to the pre-pandemic era of low borrowing costs.Unless much lower interest bills arrive soon, thousands of homeowners and businesses could be forced to sell up. Continue reading…
