The Bank of England has cut interest rates to 4.25% from 4.5% in a boost to landlord borrowing.
The Bank of England kept interest rates at 4.5% today amid fears that inflation is still a threat.
Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.
The Bank of England has resisted the temptation to cut interest rates, which remain at 5%.
The base interest rate used by many lenders to determine mortgage costs for landlords is to be held at 5.25% for the fourth time in a row, the Bank of England’s Monetary Policy Committee has decided today.
