View more on these topics

Brokers expect MPC to keep base rate at 5%

Over 75 per cent of Pink Home Loans’ brokers expect the Bank of England to keep the base rate at 5 per cent in June.

The firm surveyed 100 brokers and found only four per cent expect rates to go up. The remaining 20 per cent are anticipating a cut when the Monetary Policy Committee gets together tomorrow and Thursday.

Associate director of marketing & IT Neil Hoare says: “I agree with the majority of our intermediary customers, that we will see no change in the base rate during June. However, recent announcements that food inflation is running at 6 per cent and prices are still on the rise will no doubt put pressure on the MPC and give them some difficult decisions to bring inflation inline with their targets for 2008.”


High price of loan deal

Mortgage commentators have welcomed the completion of HBOS’s 500m residential mortgage-backed securitisation recently but many are sceptical on whether it will have any impact on the market.

Investment Forum

Position Portfolios for a Changing China, Accelerating Disruption and More Political Discourse Is China an asset class? Why Investors’ Understanding of China is Changing How is disruption changing the way we invest? Established Ways of Doing Business Are Being Challenged What to Watch: Why politics matters more than ever in 2017 Key takeaways: Despite volatile […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment