At the start of the month the Bank of England cut Interest rates to 0.25% from its already low level of 0.5 where it had remained for more than 7 years.
So great news for First time buyers and those on a tracker mortgage and even some on variable mortgages.
Barclays, Virgin Money, Santander, Nationwide have all lowered their Standard Variable Mortgage Rate which is great news for those who have these types of mortgages.
If you need any advice on a new mortgage or a re-mortgage please do not hesitate to contact our inhouse Mortgage Adviser on 02890 925050
