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Manchester Evening News - What the Bank of England interest rate hike means for people looking to buy a home   Green Tick

  (22/06/2023) Manchester Evening News

Property experts have warned that prospective home buyers relying on a mortgage could face diminished purchasing power and confidence after Thursday's base rate increase. The Bank of England's decision to elevate the base rate to 5%, the highest in almost 15 years, aimed at reducing persistent high inflation, has prompted experts to predict a shift towards more "realistic" property prices. Experts give their opinions: https://www.manchestereveningnews.co.uk/news/cost-of-living/what-bank-england-interest-rate-27179675

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