Base Rate
Base Rate
Every month the Monetary Policy Committee sets the Bank of England Base Rate, to which all mortgage rates are linked either directly, as Tracker mortgages, or indirectly, in all other cases.
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Choosing a mortgage is a very important decision to make and it is important that you think carefully about repayment methods, interest rates and your needs in general before opting for a mortgage. Some lenders may have mortgages on offer that have unique features or deals attached to them but its important that you don’t [...]
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Gordon Brown has today announced that Stamp duty is to be suspended for a year, on properties that cost up to £175,000 in a bid to boost the ailing housing market.
The long-awaited freeze on the unpopular levy is to take place from Wednesday.
It forms part of an emergency rescue package for hard-pressed home buyers and [...]
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