Request a call back
or call us on
01273 736536
Financial Blog

Archive | Interest Rates

interest rate rise

Breaking News: Interest rates have increased!

The Bank of England has just announced a base rate rise to 0.75%. This is as most had predicted…. The base rate last changed in November 2017, when it was increased to 0.50%. Many of us have enjoyed interest rates being 0.50% or lower for the past 10 years! The low interest rates have been instrumental in the growth of […]

Continue Reading
Interest Rates

Interest Rates…. Should you be reviewing your mortgage?

Recently, there has been a lot of speculation over interest rates within the media and press. As BREXIT nears, the economic unknowns remain, which brings uncertainty. The uncertainty is the main driver why many economists are predicting rates will remain low however it is forecast by many that rates will rise by 0.25% to 0.50% over the next few years. […]

Continue Reading
Property and Mortgage Market Predictions 2018

Mortgage and Property Market Predictions for 2018

Summary of 2017 and our predictions for 2018 Initially, let’s look back over 2017 with a short round-up of key industry news. Before giving you our predictions for the coming year to help you make decisions about your financial circumstance and objectives. 2017 round-up • Halifax’s House Price Index showed an annual increase of 2.7% during 2017 • Mortgage rates […]

Continue Reading
interest rate rise

Interest Rate Predictions

We give our interest rate prediction  After the Bank of England announced that the base rate would be rising last week many of our clients have been in touch to ask for our prediction on the future of interest rates. This is an interesting topic and certainly one that will affect most people over the years, especially when it comes […]

Continue Reading
interest rate rise

Shock Interest Rate Rise Imminent

Despite leading economists from across the board predicting only weeks ago that the Bank of England wouldn’t be increasing the base rate until at least 2019, there have been murmurs around a rate rise as soon as November this year. The predictions of ‘no rate rise’ was music to the ears of anyone coming to the end of their fixed rate […]

Continue Reading
mortgage interest rates

Mortgage Interest Rates | Don’t throw money down the drain

Do you know what the average mortgage interest rate is? The average mortgage rate is calculated by taking the rate charged across all mortgage providers for all products and taking the average figure. In June, the average mortgage interest rate was 2.99%, however, we are typically securing our client’s mortgage rates that start in the 1’s.  Do you know what […]

Continue Reading
interest only mortgage

The Trouble With Interest Only Mortgages

Why Are Interest Only Mortgages Causing Trouble For Homeowners? Citizen’s Advice Bureau have warned that nearly a million UK homeowners are soon to face a harsh reality when their interest only mortgages come to an end and they have no way to pay off the capital of their mortgage. What is an interest-only mortgage? Interest only mortgages allow the homeowner to just […]

Continue Reading