Fixed Rates Pulled _ Rate Rise Fears

Published / Last Updated on 29/04/2004

Lenders are withdrawing fixed rate and discounted mortgage deals in anticipation of another rise interest rates from the Bank of England next week.

Our View

No surprises.  We have predicted a number of rate increases this year - by up to 1.5% over 18 months from January 2004 to June 2005. 

This may just be the jockeying before the expected next 0.25% rise.

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