Bank of England votes against interest rate rise

April 7, 2005
The Bank of England has decided to maintain the base rate at 4.75% - news which is likely to be welcomed by the housing market. David Bexon, chief executive of new homes website SmartNewHomes.com, commented: “The Bank has made the right decision today. The four rises last year had a rapid effect on the market and well and truly put …

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