Overall, 172 brokers were surveyed by Mortgage Express asking for their view of how the MPC would vote at this week’s meeting (6-7 September). Of those expecting a change in base rate this month, 71 per cent predict rates will rise, with the remaining 29 per cent expecting a fall.
Peter Charles, chief economist at Mortgage Express, commented: “Brokers reflect the current view of the market that the base rate is set to remain at 4.75 per cent.”
