Mortgage Interest Rates UK

The recent cut in base rates by the Bank of England, will be welcome news for the UK's homeowners. However, despite the large base rate cuts, there is no guarantee that homeowners will benefit from cheaper mortgages. Banks are trying hard to improve their profit margins and improve their balance sheets.

These are reasons why the base rate cut may not be passed on - Mortgage interest rate outlook

House price trends in the UK - point to future rate cuts

4 Comments:

Blogger K said...

This post has been removed by a blog administrator.

November 10, 2008 10:13 AM  
Blogger Sydney said...

This post has been removed by a blog administrator.

November 11, 2008 4:30 AM  
Anonymous mortgage deals help said...

Well the bad news is that lenders are now raising sharply their fixed rate deals.

June 12, 2009 1:49 PM  

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