The base rate goes up to 2.25%

The base rate goes up to 2.25%

There has been another base rate increase just announced today. Find out what this means for your mortgage. The Bank of England has just announced it is increasing the base rate from 1.75% to 2.25%. The base rate dropped to 0.1% (an all-time low) after Covid first hit...
The Bank of England increases the base rate

The Bank of England increases the base rate

The latest announcement from the Bank of England to increase the base rate to 1.75% marks the sixth consecutive rate rise. The Bank of England has just announced that the base rate is increasing to 1.75% in a bid to combat rising inflation. The Bank has just announced...
The truth about the cost of borrowing

The truth about the cost of borrowing

You may have heard about rising interest rates and be concerned about whether they will continue to increase. Here’s what you need to know… The recent Bank of England base rate changes have been reported regularly in the media, with many homeowners and potential...
Will high inflation affect mortgage affordability?

Will high inflation affect mortgage affordability?

High inflation levels and a dip in real wages could mean it’s tougher for some borrowers to afford a mortgage, according to the media. Find out what’s going on… Rising inflation and a dip in real wages could make it more challenging for borrowers to afford a property,...
The Base Rate Goes Up To 1.25%

The Base Rate Goes Up To 1.25%

Another base rate rise has just been announced by the Bank of England. Find out what this means for your mortgage. The Bank of England has just announced that it is increasing the base rate from 1% to 1.25% in a bid to fight inflation. The rate is now the highest it’s...