SO UK AND European interest rates have been kept on hold again – not surprising given the current jitters in the stock exchanges and the liquidity problems besetting sections of the banking system. When it comes to the UK’s economy, my guess is the Monetary Policy Committee (MPC, the wise heads who set Base Rate) will wait and see how its five rises to July will impact that all-important inflation level, which should stay below 2% for comfort. When it comes to the property market in particular, as a hard-pressed mortgage borrower myself I’d like to give the MPC some heartfelt if not necessarily expert advice – No more, please, things are tough enough already.