Well, mortgage lending has been 'stress tested' for a few years now to ensure that those entering into such a commitment can meet repayments should rates rise.I would like to see a modest increase, perhaps to no more than 2% over the next couple of years to at least see some return on business/individual investments.I think that the Governor of the Bank of England Mark Carney has signalled that 'there will be movement' but not until the 'slack' has been taken up in the labour market and pay rises start to become more realistic after years of record lows.
Nigel Brooks ● 4286d