03 March 09
In view of the continuing poor economic data, the Monetary Policy Committee faces a difficult decision when it meets this week. The view has been expressed that the Bank Rate will be kept on hold at 1%, and that the Bank of England will instead press ahead with asset purchases to bring down the cost of borrowing for households and firms, boosting the money supply in the process.
If you would like help on any legal aspect of re-mortgaging or on buying or selling your home, please contact Paul Cowdery on Tel: 01256 320 555.
