What if Bank of England increase interest rates?
There are increasing indications from the Governor of the Bank of England, that interest rates will be rising and that could be even as soon as next month, from the all-time low of 0.25%.
At Mortgages Made Easy Norfolk, we understand you may well be affected by this change, as your lenders standard variable rate is linked to the Bank of England rate. This would be the first increase in the Bank of England rate in 10 years, a sobering thought for those with a mortgage.
At Mortgages Made Easy Norfolk we can help you not only lower monthly instalments, but also consolidate other debts and do home improvements. We can help you remove the barriers of changing mortgage lenders so you can manage your finances better and find the right deal for you from the whole of the market.