Assetz® News » HOME | RSS Feed FEED | LIST ALL ARTICLES | ASSETZ HOMEPAGE
Investment Property News from Assetz

Assetz® Property News Service

Fix Now Further Rate Falls Unlikely

8th April 2009 | back to article listings BACK    print this article PRINT

Stuart Law, Chief Executive of Assetz, comments ahead of tomorrow's interest rate decision:

 

"The Bank of England is unlikely to cut rates further tomorrow, as the possibility of rising inflation looms on the horizon. Millions of homeowners have benefitted from the recent downward trends in rates and this extra cash is starting to flow into the economy.

 

"Now is the time to move onto a fixed rate deal with at least a 5-year term. Those homeowners with precarious finances in particular, should avoid the temptation to continue enjoying low repayments on their tracker or variable rate mortgage, as the next interest rate movement will almost certainly be up, before the end of this year. The cheapest long term solution will be to fix as soon as possible."

This is a press release by Assetz also available at http://press.assetz.co.uk/articles/4732.html. Alternatively, please see our full press release archive.

Assetz® is a UK and International Property Investment Specialist. Please visit our property sites shown below.

Assetz for Investors UK Assetz Hotels Assetz Homes Assetz International Assetz France Assetz Spain Assetz Cyprus Assetz Germany Assetz Portugal Assetz Ski Assetz Cape Verde Assetz USA Assetz Finance Assetz Fund Management

Accessing the news service

You can view all of the Assetz® UK, International and UK Property Investment Articles and News here.

We also provide an RSS Feed Feed of the news service, or you can view all articles. Click here to view more information on RSS readers and how they make reading online news more convenient.

eXTReMe Tracker