Although the Bank of England have not increased the base rate today we are hearing of some increases from banks and building societies.
Birmingham Midshires for one have increased there standard variable to 2% over the bank of england base rate.
Is this now the start of things to come?
Are the banks/building societies going to start changing more so that finally they will start lending again across the board and offer some attractive products to entice buyers to the market.
Only time will tell….



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