The week ahead is an important one for those with variable rate mortgages, as once again the Bank of England Monetary Policy Committee will meet and decide whether or not to impose a cut in the base interest rate.
Many economists believe that a cut is the clear choice, given the continued retail slowdown, but others […]
The Bank of England’s monetary policy committee voted to keep the base rate at 4.75% last week, despite pressure from business groups to cut interest rates following weak performance in the housing market and on the high street. However, many economists still believe interest rates will fall, some saying the first cut coming as early […]
The Sunday Times ‘Money’ supplement July 3rd, 2005 writes:
Borrowers urged not to miss out as mortgage rates tumble
…Fixed rate mortgages are priced according to swap rates…[that] have started to tumble… This will put pressure on the Bank of England to cut interest rates sooner rather than later. A Reuters poll showed that nearly 40% […]
As low as 3.99% fixed rate mortgage until 01/09/2007 at 85% loan to value. A typical example:
property value £180000 total borrowing £153000 and you only need a rental income to cover the mortgage payments of £510 pcm (100% of the monthly mortgage payments) APR 6.7%.
Remortgage only, from as little as 5.65% untill 01/02/2009 with free valuation. This product does not incur any financial penalties at the end of scheme period if you decide to change lenders. You can even pay up to 10% of the outstanding balance on the amount you owe and the new balance and interest […]
Open Choice Mortgages‘ website is relaunched after an extensive web standards redesign by Cameron Cain Design that also includes a host of exciting new features such as this fantastic Open Choice Mortgage News section with RSS feeds that allow visitors to be automatically informed of news and mortgage deals as they are released.
In addition to […]
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