View 3 Images

Rightmove has issued an update to mortgage holders across the UK after the Bank of England has held the base rate at four per cent.

The Bank announced its decision on interest rates today (November 6) following its seventh Monetary Policy Committee (MPC) meeting of the year.

Interest rates have been held in a bid to keep inflation close to the government's target of two per cent.

Last month, it was announced that inflation remained unchanged, and has now been sat at 3.8 per cent for the third month in a row.

Join the Manchester Evening News WhatsApp group HERE

Speaking after the announcement, Andrew Bailey, governor of the Bank of England, said: "We held interest rates at four per cent today. We still think rates are on a gradual path downwards but we need

See Full Page