THE BEST MORTGAGE POSSIBLE

With the Bank of England keeping its interest rate at 0.5%, new mortgage rate offers have improved. There is a warning to sound as well, however. Those who took out mortgages several years ago, often had their ongoing rate (the interest rate that comes into effect after the end of any special fixed rate or discount) linked to the Bank of England Base Rate. Before looking for a new deal, find out what ongoing interest rate you are entitled to. You may find that it is very low and, in that case, you may wish to leave things as they are. If you are not sure, give us a ring on 01342 313302.