The Bank of England Monetary Policy Committee (MPC) has once more voted for no change in Bank Rate it remains at 0.5%.

The MPC also left the amount of Quantitative Easing unchanged.

This means the Bank Rate has remained unchanged for the 26th consecutive month.

Simon Gammon, head of Knight Frank Finance, said: “The Bank’s rate-setters may have kept interest rates on hold for another month but homeowners must consider that it is no longer a matter of if