Posts Tagged ‘ base rate ’

How low could the mortgage rate go?

Dec 7th, 2008 | By admin | Category: Featured Articles

People who are on tracker mortgages, which track the Bank of England base rate, should be reaping the benefits of the new 2% interest rate. Those consumers who took a tracker mortgage could be seeing savings of 100s of pounds each month if the lenders pass on the impact of the cut. 
Not all mortgage holders [...]



The UK cuts interest rates again

Dec 5th, 2008 | By admin | Category: Lead Story, finance

The Bank of England has once again cut interest rates in a hope to stimulate the property market, but it still may not be enough. The cut in interest rate was welcomed throughout the property industry but analysts believe this won’t be enough to stimulate the market. 
The interest rate was cut by 1% making the [...]



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