BRISTOL LANDLORDS - BREATHE SIGH OF RELIEF

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By Igloo Lets | Thursday, May 05, 2011, 16:04

Well

that's that then, Landlords can breath another sigh of relief as interest rates

stay the same for another month as to be expected.

The

Bank of England's Monetary Policy Committee (MPC) has left its key interest

rate unchanged at its current record low of 0.5%. Recent economic news made it

pretty likely that BoE governor Mervyn King and the 'low-rate majority' in the

MPC would stick to their guns.

Kevin

Cox a Bristol Letting Agent of Igloolets.com said "The earlier year

worries of an imminient increase in interest rates seem to have subsided.

 With the projected fall off in house prices. If the figures stack up now

is a great time to buy investment property

      

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