The Governor of The Bank of England has made it clear that he will do what it takes to keep the financial system from seizing up. This means lowering the bank rate and Quantitative Easing of up to £250 billion. So we can be sure that mortgage rates are not going up and it will be possible to lock in these low rates for years ahead. You’d have to be a real pessimist to find bad news in that!

Chris Ingram 19/07/2016