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Robyn Hall
Just Retirement is going on the road over the next few months. This seminar is in London.
Area Sales Manager - Financial Services - London
North London
Mortgage Consultant / Mortgage Adviser - Fulham
South London
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Pink’s intermediaries expect no change to BBR
4 June, 2008
Pink Home Loans’ latest survey has revealed that three out of four of its intermediaries believe that the Bank Base Rate (BBR) will remain unchanged in June.
Just 4% thought that the BBR would go up, with 20% anticipating that it would go down this month.
Minutes from the Bank of England’s Monetary Policy Committee’s (MPC) last meeting have revealed that they voted eight to one against reducing interest rates.
Neil Hoare, associate director of marketing & IT at Pink, commented: “I agree with the majority of our intermediary customers that we will see no change in the BBR during June. However recent announcements that food inflation is running at 6% 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.”
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