Bank of England Cut Interest Rates

The Bank of England has cut interest rates for the second time this year as expected.

Policymakers at the Bank of England have opted to reduce interest rates to 4.75% today.

Rates sat at 5% after being cut by 0.25% points in August, the first reduction since 2020. They were then kept the same in September.

This could be a great time to purchase your new home and if this is something you wish to do then why not start your property search by Registering with the Number 1 SELLING agent in your area for our Heads Up property alerts by CLICKING HERE

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