bank base rate

Bank base rate is already at a historic low of 2pc and will fall to just 1pc by spring.

So long as the price is consistent with the current yield then nothing in relation to bank base rates need change.

Seventy per cent then thought bank base rates would either fall or plateau.

The impact of the £75 billion stimulus is estimated to equal cutting 50 basis points off the bank base rate.

We would levy the charge at 1 per cent above the Bank base rate prevailing for the relevant period.

With interest rates of 4 per cent or more above bank base rate, bridging loans are often seen as risky and expensive.

The announcement that bank base rates were to fall to nine per cent brought an immediate pledge by building societies to cut home loans.

The organisation looked at 29 current accounts and found 14 do not offer credit interest and few match or beat the bank base rate of 0.5%.

'The seven per cent bank base rate is very good news for the housing market and it is what we have been calling for.

He wants them to scrap the minimum lending rates which are used to keep interest rates high, even though the bank base rates have fallen.

It will also explain how market rates indirectly affect sterling interest rates generally, and specifically bank base rates.

Building societies rates are still coming DOWN even though higher bank base rates threaten.

The highest bank base rate when Mrs Thatcher was prime minister was:

Mr Trichet made a statement about a possible rise in the European Central Bank base rate within the next month.

Legislation caps the level of dividends payable at 35% of profits and returns to individuals are capped at 4% above the bank base rate.

The benchmark now set by the Halifax is certain to influence how other societies respond to last week's 1-point increase in bank base rates to 15 per cent.

THE week's news was dominated by Chancellor Nigel Lawson's failed attempt to stave off a rise in bank base rates.

For late or underpaid tax the rate will be 2.5% over bank base rate less tax relief at the small companies rate of corporation tax (currently 25%).

In the long run the average three-month Libor rate is very close to the average bank base rate, though the two may differ significantly on any given day.

Loans made on commercial terms, at between 1% and 3% above the banking base rate as was the case here, are not subject to reporting requirements to the Electoral Commission.

The pound strengthened on the foreign exchanges and in the money markets interest rates fell, bringing forward the prospect of cuts in bank base rates and mortgage costs.

BRITAIN'S 7.6 million homebuyers face another rise in mortgage repayments following this week's one per cent hike in bank base rates to 15 per cent.

Lenders told the Bank they are also worried about the potential impact of increases in the Bank base rate on the number of defaults they will incur on home loans.

The euro seemed to be living in cloud cuckoo land, having increased its bank base rate twice during the year to 1.5 per cent under Jean-Claude Trichet, much to everyone's amazement.

IN SPITE of the rise in bank base rates and the Chancellor's tough defence of his strategy at last week's Blackpool conference, the pound has continued to decline.