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Thursday, 6 March 2008

Bad News for Homeowners as Rate Remain Unchanged

The Bank of England today left interest rates unchanged at 5.25% held back by fears or rising inflationary pressure.

The BoE is expecting inflation to rise to 3% with rises in commodity prices and so has held rates constant.

Most economists do expect further rate cuts this year. Roger Bootle warned that whilst rates will be cut further, the delay in cutting them is likely make any economic downturn worse.

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Operating since 1998 and having bought over 3,500 properties, Quick Move is the largest and most respected quick house sale company in the UK. We offer a service for anyone looking to sell their house fast. We will buy your house for cash, often within 7 days, ensuring a quick, secure and efficient house sale. Our service also offers certainty to house sellers - when we commit to buying your home, we will set a completion date to suit your timescales so you have the comfort of knowing that your sale will go through on the date you require.

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