Tag Archives: bank of england base rate

British Banks Raise Rates

Here’s the view from London: Northern Rock, the Government-owned lender, has announced that it is pulling all its tracker deals for homeowners and landlords and is expected to increase rates when it relaunches the mortgages later this week. It follows … Continue reading

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The Three-Year Mortgage Fix

From thisismoney.co.uk: The cost of three-year fixed rate mortgages has plunged – making them an increasingly popular choice for homebuyers. With fees on home loan deals rising – the cheapest are now around £1,000 – homeowners are opting for medium-term … Continue reading

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The Off-Set Mortgage

From the UK: I’m tempted to switch to an offset mortgage, but I’m worried that I’d have to pay a significantly higher rate compared to a regular deal. I have savings of £27,000′ KR, Cardiff By "offsetting" your savings against … Continue reading

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Finding The Best Mortgage Deals

Rupert Jones writes for the Guardian of London: Where can you find the best mortgage deals? There was a similar message from financial website Moneyfacts.co.uk, which said on Tuesday that of the 20 best home loans for someone looking for … Continue reading

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British Chancellor Meets With Leading Mortgage Lenders

The Times of London reports on Alistair Darling’s attempts to halt the credit crisis. Lenders and the Labor government have become increasingly hostile over the past few weeks. The prime minister has criticized lenders for not passing on interest rate … Continue reading

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