Rush for dwindling supply of fixed-rate deals as Bank of England is expected to increase base rate this weekHouseholders have been scrambling to grab fixed-rate mortgages before Thursday’s expected interest rate rise, which would lead to the first increase in monthly loan payments in a decade.Staff at the big mortgage brokers have reported a “busy last few days”, and say they are expecting more calls this week as householders with base-rate-linked loans try to insulate themselves from the anticipated increase. Continue reading…
Source : theguardian.com
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