Bank of England Rate Alert - Dec 2022

Bank of England Rate Alert – Dec 2022

Reading Time: 2 minutes

December 14, 2022

The Bank of England’s Monetary Policy Committee has met today and have increased the base rate from 3.00% to 3.50%. This means an increase in monthly payment of £83.33 for a mortgage of £200,000.

Read the Bank’s reasoning behind the decision here.

Published On: December 14th, 2022 / Categories: All News, BoE News / Tags: bank of england, Monetary Policy Committee, Mortgages Rates Increased, rate change /

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