Thanks for the interest. As Hants Seagull says a 5 year fixed rate at 1.79% is fabulous, if you meet the criteria and if you do not plan to sell in that time and have a 40% equity. It is all about choices and there are thousands of different rates. With 4 000 000 people on a variable or tracker...
The one big mistake the BofE made recently was reducing interest rates to 0.25% last summer. Absolutely no need to do that. It is just going back to where they had been for 8 years. Had several e mails from lenders already saying their variable and tracker rates will go up the full 0.25% from...
The Bank of England have raised the Base Rate for the first time since July 2007, upping the rate from 0.25% to 0.5%. This rise may come as a shock to many people who have become accustomed to ultra-low rates and will have been hoping to have enjoyed low interest rates indefinitely.
Anyone on a...