Property News · September 21, 2016

Base-rate cut could lead to UK mortgages at less than 1% interest


City firm predicts that super-cheap home loans will be offered as a result of competition between lenders to attract new businessThe fixed interest rate of mortgages could fall to less than 1% next year if the Bank of England cuts the base rate again, in a move that would give the housing market a boost. Related: UK first-time buyers hit by steeper rises in starter home prices Continue reading…

Source : theguardian.com
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