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Out with the old, in with the....old
Whilst somethings may have changed this week - new occupiers of number 10 Downing Street for example, some things have stayed as they were.
At the start of the week, the Bank of England held interest rates at 0.5% for the 14th consecutive month.
Commenting on these latest figures, Tony Rice of Bedfordshire-based specialist mortgage and insurance brokers TMP Mortgage Zone, said: "As the parties were still talking about who was going to form a government with who, it's no surprise to anyone that the base rate remained unaltered at 0.5%. Over the coming weeks as the new Government maps out its plans and objectives in more detailed, we'll be keeping our customers informed of what any changes in housing or banking policy mean for mortgage holders and first time buyers looking to get onto the first rung of the property ladder. Watch this space!"
[ 13-05-2010 ]
