Assetz: Base rate held at 0.5%

Stuart Law, Chief Executive of Assetz, comments on the Bank of England base rate decision: "It is no surprise that the Bank of England has decided to hold base rates again at the historically low 0.5%. These rates are positive for residential homeowners and property investors alike. However, for homeowners and investors to take full advantage of the low rates, lenders must ease the restrictions on their lending criteria to help more people join or move up the property ladder."