Base rate held at 5.75% following today\'s MPC vote

Aug. 2, 2007
The Bank of England's monetary policy committee has today voted to hold interest rates at 5.75% - a move which has been welcomed by the industry. David Bexon, md of SmartNewHomes.com, said: "Today’s decision will come as a relief for the UK’s homeowners following last month’s rise, which proved a major blow for those already struggling with increased mortgage repayments. …

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