6 November 2008 Archive

Bloody 'ell Bank of England - Thursday, 06 Nov 2008

Bank of England lion roared

What a shocker! Bank of England cuts rates by 1.5%.

Darling calls on banks to cut interest rates

Darling unable to force banks to cut interest rates

Chancellor Alistair Darling is calling on banks to cut interest rates after today's 1.5 per cent cut from the Bank of England.

Banks pushed to cut rates: Mortgage outlook

Banks pushed to cut interest rates

The Bank of England's 1.5 per cent interest rate cut must be passed on by banks and building societies to make any difference to the economy - but lenders now look like withdrawing tracker mortgages and rates on other deals may not be dropping.

Mortgage hope as Bank of England cuts interest rates

Mortgage rate drop hope after Bank of England interest rate slash

Hopes of a fall in mortgage rates are growing following today's surprise 1.5 per cent interest rate cut - but home buyers are being urged to wait for any cuts in the cost of borrowing on the high street.

Bank of England cuts rates by 1.5%

Bank of England cuts interest rates

The Bank of England cut interest rates today by 1.5 per cent to three per cent.

Tracker mortgage take-up rises 12%

Tracker mortgages gather speed

Demand for tracker mortgages ahead of Bank of England interest rate cuts are up 12.5 per cent.

Bank of Mum & Dad still lending to first-time buyers

Hamilton Snr one father not expected to hand out cash to help son

Half of first-time buyers under 30 are getting help from their parents to buy.

Alliance & Leicester cuts fixed mortgage rates

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Alliance & Leicester has slashed prices on its fixed-rate mortgage deals for customers looking for loans of up to 75 per cent on their home.

Lenders follow Bank of England cut

Lloyds TSB offered to pass on the cut before it was announced

Several lenders have announced they will cut their own interest rates in response to the Bank of England's decision to drop the base rate to three per cent.

House prices down 13.7%

House prices fell further in October

House prices slumped 13.7 per cent in October from last year.

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