interest rate

Clive Briault's warning that 1.5 million people due to remortgage next year will find it "difficult, if not impossible to refinance their mortgage on favourable terms" could cause undue panic, according to Newcastle Building Society.

The UK financial services industry was handed a small reprieve today after the Bank of England cut its base rate by 0.25% to 5.5%, the first change in the rate since July.

UK interest rates have been cut by 0.25% to 5.5% by the Bank of England's Monetary Policy Committee (MPC) it was announced today.

Co-operative Bank is to launch a new two-year fixed rate mortgage it was announced today.

The Bank of England's Monetary Policy Committee (MPC) voted 7 to 2 in early November to hold interest rates at their current level of 5.75%, it was revealed today.

House price growth in the UK has slowed by a further 0.2% in October, according to Assetz latest house price watch.

More homeowners are opting for longer-term variable rate mortgages because of uncertainty over the direction of interest rates in the future, according to Hamptons Mortgages.

The Bank of England's quarterly inflation report has given strong indications of an interest rate cut in the near future, according to market analysts.

The higher cost of borrowing has contributed to a fall in gross mortgage lending during September, according to the latest figures from the Council of Mortgage Lenders (CML).

Stroud & Swindon Building Society has slammed the Chancellor's plans to make housing more affordable by introducing ten-year fixed rate mortgages, saying the products are one of the more expensive options available.