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Old 22-06-2023, 18:30   #13
Damien
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Re: Bank of England raises Interest Rate to 5%

Quote:
Originally Posted by joglynne View Post
I'm an old lady.

Our mortgage started at 5.5% when we first bought our house in 1969 increasing to just under 13% when we cleared our mortgage in 1985.

Just saying.
Probably 5-13% of a smaller number though. These days house prices mean the BoE probably can't go too much higher.
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