Lenders refuse to reduce mortgage rates months after the Bank of England cut interest rates
![Lenders refuse to reduce mortgage rates months after the Bank of England cut interest rates](http://i.dailymail.co.uk/i/pix/2016/12/07/09/32765C3500000578-0-image-a-25_1481103184058.jpg)
In August the Bank slashed rates — for the first time in seven years — to a record low of 0.25 per cent following the EU referendum.
In August the Bank slashed rates — for the first time in seven years — to a record low of 0.25 per cent following the EU referendum.