“Lowest mortgage rates for 40 years”
Correct me if I’m wrong, but last time I checked the Bank of England started setting the base rate of interest independently of the government as of 1997. Given that variable-rate mortgages are based on this figure (they usually rise/fall within a month of it changing), how the hell can the government claim credit for low mortgage rates?
Sounds like yet another attempt at politicians to capitalise on a situation that has nothing to do with them…
whats new.. 🙂