BRISTOL LANDLORDS - BREATHE SIGH OF RELIEF
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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