Interest cut boosts Suffolk market
The Bank of England cut interest rates for the first time in two years Today, by a quarter percentage point to 4.5 percent, as growth slows in the world's fourth largest economy.
Todd Lewis said "It's a timely boost to what has been a sluggish market"
The cut also means good news for mortgage holders. The Halifax dropped its standard variable rate to 6.5% immediately after the news - leaving customers with an average mortgage of £80,000 £12 better off a month