Latest news for Spicerhaart

Low fixed-rate mortgage deals are unlikely to benefit first time buyers

(26/06/2010)

Lenders have been under increasing pressure to cut their rates because the Bank of England has kept the base rate at a record low of just 0.5 per cent since March 2009. With the base rate expected to once again be held at 0.5%, all signs point towards improved affordability for those wishing to buy a property. The latest Bank of England figures show increased competition in the mortgage market, with fixed rates now at their lowest level since ... [more]

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