Wed 15 Aug 2018
The Bank of England on Thursday 2nd August raised its base rate for the second time in a decade, inching it up from 0.5% to 0.75%.
If you're on a fixed-term rate then the rise won't change your repayments because you're already locked in to a deal. You will only feel the effect of the hike when you come up to renew.
Variable rate and tracker mortgages follow the base-rate and can go up or down at any time - customers on those deals are likely to see their bills go up.
If you would like to book a no obligation* Buy to Let mortgage review with Sowerbys partner financial services business, Broadland Consultants, please contact Sowerbys Lettings on 01362 693560 or via email@example.com
Broadland Consultants offer:
- Unbiased and unrestricted whole of market mortgage and insurance advice.
- One easy meeting saving you time. All mortgage and insurance paperwork is completed for you and the application(s) is managed all the way through to a successful completion.
- A meeting at a time and location convenient for you. Meet at Broadland Consultants head office with free, easy parking, at any Sowerbys office, your home/workplace, or even over the phone – the choice is yours. Evening appointments are also available when required.
- An opportunity to save you money. Why speak to your own bank which only offers their own products? Broadland Consultants review the whole market to find you the best product.
Broadland Consultants Limited is an appointed representative of SANLAM PARTNERSHIPS LIMITED, 07182140, St Bartholomew's House, Lewins Mead, Bristol, England, BS1 2NH which is authorised and regulated by the Financial Conduct Authority. Registered No. 521208. Please note: the FCA does not regulate in relation to the sale and purchase of investment property.
Confidentiality: The contents of this email and its attachment(s) are confidential to the intended recipient.
Please note that the above information is correct as at 10/08/2018 *Initial mortgage review comes at our cost. *Mortgage rates subject to status, and products are subject to change. You must maintain payments on debt secured against property or your property could be repossessed.
"Just a quick note to thank you for handling the sale of my parent's bungalow. It was quick, easy and efficiently handled. The new owners saw the bungalow on 29th January and moved in on 24th March. I am pleased to say they are absolutely delighted with it - which is rather nice for us. Many thanks again."