In an unexpected move, The Bank of England along with 5 other central banks have cut their interest rates by half a percentage point.
A day earlier than expected, rates have been cut to attempt to steady a faltering global economy. The Bank of England Rate is now down to 4.5%.
Today, some mortgage lenders have already passed on the cut to their borrowers.
For more information or to discuss your situation, please call us now on 01780 408198.
4th February 2010