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Increase Rates
Interest rates have increased for the third time in four months as the Bank of England tries to calm the rise in the cost of living. The increase to 0.75% from 0.5% comes as households face soaring energy bills, fuel, and rising costs to the weekly shop. The good news is that if your mortgage...
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What does that mean for you & your mortgage? In light of the announcement this morning that the Bank of England has increased interest rates, we wanted to explain how that might affect your mortgage. The good news is that if your mortgage is on a fixed rate, your monthly repayments are unaffected. So, along with...
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