Fixed or tracker rate – The big mortgage broker and client debate … Over the years, both mortgage brokers and clients have been very channelled towards longer term fixed rate deals as they have been at a record artificial low. However October saw mortgage rates surge as lenders panicked, pulled and priced higher in theContinue reading “To track or to fix – The big mortgage broker debate”
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Bank of England Interest Rate Rise 3rd November 2022
Today 3rd November 2022 has seen another interest rate increase of 0.75% taking Bank Of England Base Rate to currently 3% – it’s seventh of the year and the biggest hike in 33 years. The Bank’s monetary policy committee meets eight times a year to decide interest rate policy so we are expecting a furtherContinue reading “Bank of England Interest Rate Rise 3rd November 2022”
Bank of England Interest Rate Rise August 2022
August 2022 saw another Bank of England base rate rise to 1.75% … If your current fixed rate ends within the next 12 months here’s why you should remortgage NOW August 2022 has seen yet another Bank of England interest rate increase to currently 1.75 percent – it’s fifth of the year. The governor ofContinue reading “Bank of England Interest Rate Rise August 2022”
First Time Buyers Can Borrow Up To 5.5 x Income
First Time Buyers can borrow up to 5.5 x income with a 5% deposit