Yesterdays announcement by the Bank of England delivered an unexpected statement that they were cutting their base rate by 1½% from 4.5% to 3%.  It has been done to kick start our stalling economy and to try and prevent a deepening recession. Everyone was expecting a ½%; but, we all hoped for a full 1% [...]

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Mark is a professional Mortgage Adviser. The Information provided here is for information and entertainment purposes only. The content and information within Talk Money Blog does not constitute financial advice. Talk Money Blog provides general information and does not attempt to provide you with advice that relates to your specific situation. You should discuss your specific issues with an independent financial adviser. Enjoy reading and do come back often!