Bank of England rate decision – “pending remortgage crunch will add to cost of living crisis” – reaction from mortgage brokers and advisers
Following today’s news that the Bank of England has hiked base rates to 1.25%, we bring you reactions from a number of mortgage brokers and advisers which clearly show that this latest rate rise means yet more pain for borrowers as they comment: Rob Gill, founder of London-based Altura Mortgage Finance: “The hike in base rate by 0.25% is perhaps lower than many expected, especially after the US Fed opted for a rise of 0.75% earlier in the week…
