The next base rate alteration will be a rise, but will not happen until the autumn, according to Lau...
The next base rate alteration will be a rise, but will not happen until the autumn, according to Laurence Sanders, economist at Bristol & West. In the experti, a roundup of economic data, he also noted longer-term fixed rates are at a new low, but that it was difficult to make predictions over the next three months due to strong political and corporate impacts on this market.
Sanders said: ‘It is clear, however, potential borrowers can use the current environment to lock into historically low mortgage rates across the yield curve from one to 10 years.’
