UK interest rates are too high and may need cut – Bank of England’s Tenreyro

https://www.theguardian.com/business/2023/feb/09/uk-interest-rates-bank-of-england-silvana-tenreyro-inflation?CMP=Share_AndroidApp_Other

Nope. No they’re not. 4.5 to 5% would be about ‘level’.

If the Buy-to-Let crowd are bailing then, well, good! (Renters being pushed out at record high as BTL landlords seek to sell).

https://www.edp24.co.uk/news/national/23311373.landlord-repossessions-almost-doubled-end-2022-charity-says/

Tough right now, but it’ll level out – the whole Housing association/ BTL situation is sickening. Homes are to live in. Prices are disgusting. And no council houses being built as a safety net.

What a bloody mess.

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