Archive for the ‘Offset’ Category

Rate drop to aid remortgagers?

Monday, September 1st, 2008

The Bank of England’s decision not to adjust the base rate has been an initial blow to those looking for the best remortgage deal, but many lenders are confident that there will be a cut soon, reports MortgageSorter.co.uk.
This will mean mortgage rates could fall too, which will be welcome news for anyone wishing to remortgage. [...]

New homes slump in value

Tuesday, August 19th, 2008

Mortgage Solutions reports a second consecutive monthly fall in new home prices during July, recorded by SmartNewHomes.
Since June the average price of a new home has fallen by a further 1.3 per cent, taking the overall drop since last year to a whopping 5.1 per cent.
This will alarm those who find themselves looking [...]


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