Mortgage Rates UP Already?

Mortgage News

Mortgage News

Mortgage Rates UP Already?

Living in Surrey without a fixed rate mortgage?

If you haven’t got a fixed rate mortgage, then maybe you ought to consider changing soon.
The next Bank Of England Monetary Policy Committee Meeting will be on the Thursday 10th March.
Now, they may decide to increase the base rate by 0.25% then or hold it off for a month or two.
But as I have mentioned before on this blog, the city experts are predicting that rates will go up by 0.5% by the summer. But then, you probably know this because of all the news coverage.
What you may not know is that the banks and the building societies are already raising their rates, quietly, but slowly.
Don’t panic Mr Mainwaring….(see reference below)There’s still time to fix your mortgage, but don’t leave it too long..
There still are some great deals out there and  all I ask is that if you are considering fixing your mortgage give me a call..
Below, for a bit of fun, is the reference to “Don’t Panic Mr Mainwaring” from the TV series Dad’s Army…Have s chuckle with me, but don’ panic


This information was last updated on 27th September 2021. Lenders can change their products and lending criteria at any time, so please contact us for the latest information. 

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