The Bank of England has kept UK interest rates on hold at a record low of 0.5% for the 16th consecutive month.
The Bank's Monetary Policy Committee (MPC) also decided not to inject any more money into the economy under its policy of quantitative easing (QE). (source BBC)
Fixed rate mortgage coming to an end?
Our partner Habito is a leading online mortgage broker and will recommend the best mortgage for you:
- Habito checks over 20,000 mortgages from 95 mortgage lenders
- Over 9,500 5-star Trustpilot customer reviews
- It’s completely free
- Apply online with no obligation
Provided by our partner
