With the .75% drop in interest rates over in the states it now looks certain that the bank of England will follow suit and drop British interest rates by at least .25% when they meet in the first week of February.

This is great news for the savvy investor, as all signs are pointing towards the rate drop, but many more nervous investors are waiting until the announcement to snap up the bargains.

This has left a small window of opportunity where you can get great value properties with lower levels of competition from other investors. The time to buy is now and then take a tracker product with the knowledge interest rates are almost certainly going to move in your favour, giving you a strong yielding start to the new year.

Elliot Roe
Sales Director
elliot.roe@buenoinvestments.com

Tags: bank of england, english property investment, financial investment, inflation, interest rates, Investment News, mortgage rates

This entry was posted on Friday, January 25th, 2008 at 11:00 am and is filed under Finance, General, Investment News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.