Accounting, Taxation, Tips

Expected Rate Cut 

BOE interest rate cut is expected anytime soon in order to ward off a recession. If it happens, it’ll be a good time to get or renegotiate a property mortgage on fixed rate.

It’s also a good time to shop around for a personal loan as they are on fixed terms. Don’t be tempted by flexible-rate sinkholes like credit cards and overdrafts because when rates start shooting back up, you’ll know about it.

About Phoenix

Accountant | Tax Specialist | Mother | Entrepreneur | Blogger

Discussion

One thought on “Expected Rate Cut 

  1. Did they cut the rate? How does that impact us? :-)

    Posted by The Meades | July 14, 2016, 5:54 pm

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