The first base rate meeting of 2024, interest rates are staying at 5.25%.
We are now seeing mortgage lenders move their interest rates independent of changes to the Bank Of England base rate
- Much of this is down to the lender’s cost of borrowing and where they see interest rates longer term.
The learning point here is that if you are looking at fixed rate borrowing then don’t assume it is all about what the Bank of England do, rates are moving all the time.
- Mustafa Nurettin - Director Uniform Mortgages Ltd
If you are (6 months or less) away from your Fixed rate expiring or you are (looking to buy your new home) or (home Improvements) then please contact us on the below details to speak to a Mortgage Advisor today.
To book an appointment please call 01767 316626 or email info@uniformmortgages.co.uk with your requested date, time, and best contact number.
