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: mortgage advice
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”