Base Rates Could Be 5% Soon

Reports earlier in the week by the CBI that base rates could slowly rise to 2.75% over the next 24 months seem to have underestimated the situation drastically. Comments by Paul Fisher (who is the executive director of markets and a member of the Bank of England’s rate setting Monetary Policy Committee) indicate that there [...]

The Benefits of Having an Adjustable Rate Mortgage

At the moment more people are on an Adjustable Rate Mortgage than all other mortgages put together. Why is this the case and what is the reason behind this? By Keith Lunt, ©comparemortgagerates.co.uk What is an Adjustable Rate Mortgage? An Adjustable Rate Mortgage or the lender’s Standard Variable Rate is the most basic form of [...]

The Benefits of Having a Fixed Rate Mortgage

Historically one of the most popular types of mortgages available is the fixed rate mortgage. But, what is it that makes a fixed rate mortgage so popular? A fixed rate mortgage is simply put, an agreement between the lender and the borrower that for a certain period of time the rate of interest that is [...]

Are you ready for an interest rate rise?

Base rates have been at an historic 0.5% in the UK for a very long time, but no-one ever expected them to remain that low forever. And the Confederation of British Industry (Britain’s leading business organisation) has warned that it expects rates to go up pretty soon. The Confederation of British Industry (CBI) is expecting [...]

Best Mortgage Deals Available

When it comes to the mortgage market it is a veritable mine field, you never quite know when you are going to get your toes burnt. Who do you turn to for advice, are the banks just pushing their own products and how do you know whether or not you are making the right decision [...]



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