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Fully agree on the 5 years there! They set themselves simple rules to follow and if the KPIs were hit then we would have a rise, they hit them and still didnt want to rise so instead have kept adding in extra variables so now it is clear as mud and in reality it is back to a gut feel as appose...

London cannot be taken in to account when you look at the UK mortgage market, why would the banks focus on central London when they are not funding it - the majority of central London sales are to wealthy non-doms who are paying cash so your view that Carney should focus on that market is simply...

Exactly and the quick easy fix is around the help to buy schemes, one cause of the last bubble was cheap credit especially at the 100% or above loan to value range so moving the possible LTV to 95% is pushing the boundaries again. Rates will rise at some point I am sure but it could be 15-20...

This is in no way advice or related to the original question but in response to this comment only. The housing market is moving yes but is not at a bubble yet, prior to that there are many things that can be done - reduction in help to buy etc. With the current votes all going with no rise...

I am not sure if they want/have the ability to increase by that much but will be interesting to see and is all IMO - if they wanted a rate rise then the unemployment figures were in a position using there own rules to increase but they didnt and still not had 1 vote of yes

Who I hope will recommend the best mortgage and not one that is near best and offers them the best comish! Rates are only likely to go one way but as we have seen in Europe they can go down further, also rises are not likely till next year IMO and at worst will move 25 bps and it will take a...