Reactions: On the BoE's emergency interest rate cut

Views

Industry insiders share their thoughts on the Bank of England's decision to cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.

Written by

Prime Resi Pundits

Including: Chestertons, Winkworth, Knight Frank Finance, London Real Estate Advisors, The Guild of Property Professionals & SPF Private Clients at ,

PrimeResi is the Journal of Luxury Property. The leading news, opinion & insight resource for the UK's prime residential property industry.

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Views

"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
News

The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak
Views

It will not come as any great surprise that most in the property industry are pleased to be able to get back to work after seven weeks in lockdown.