Bank of England 0.5% Interest Rate Rise 2nd February 2023 – Today 2nd February 2023 has seen another interest rate increase of 0.50% taking Bank Of England Base Rate to currently 4% – it’s first increase of 2023 and 10th consecutive increase in a row. Unfortunately, this does have an effect on mortgages depending onContinue reading “Bank of England 0.5% Interest Rate Rise 2nd February 2023”
Tag Archives: interest rates
Is now a good time to remortgage?
Is now a good time to remortgage?Mortgage rates fell back down in the last few months of 2022, having surged after September’s ‘mini-budget’. If you’re thinking about remortgaging, could now be a good time to secure a deal? Bank Rate bluesThe Bank of England has increased Bank Rate throughout 2022 and is expected to continueContinue reading “Is now a good time to remortgage?”
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”