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It seems after more than two years of Bank Rate being at the record low of 0.5pc, lenders are finally passing on savings to customers.
Yorkshire Building Society has launched two new fixed rate mortgages – which both top the best buy tables. The five year fixed rate loan is the lowest ever for the time period charging just 3.49pc, with an arrangement fee of £995.
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Mortgage rates have fallen to the lowest level since records began 16 year ago, suggesting that Bank of England’s policy of slashing interest rates is finally benefiting some home owners click here to read more
Interest rates on new mortgage deals have fallen to their lowest level since 1988, according to the financial information service Moneyfacts click here for more
The number of house sales rose 10.6% in June, as activity bounced back from a subdued May and sellers become more realistic about achievable pricing levels, according to Hometrack. Please click here for more.
Short-to-medium term fixed rate deals have hit their lowest ever level, according to Moneyfacts, which could be the spur to the remortgagors the market has been waiting for. More…
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