pug, the current bank rate is about 6%...you might have to shop around, some are 5.94 to 6.49..... so a rise or variation of another 1% over the next couple of years is no big deal....imo
now we are in the second wave of the W recession.... and the stock market is taking another hammering ... good luck with your dream of higher interest rates... in order to bring house prices down....
interest rates dont rise when the global economy is in recession...... we are a long way from recovering from this recession... couple of hints....Toyota is stuffed now...all those workers to become unemployed....world wide no one will be buying a new toyota for a long time...they are not the only car makers in trouble...
