Weβre wishing all our clients & staff the most amazing Christmas and a Happy New Year.
Reminder: our offices will be closed from 2pm until 2nd January to give our staff a well deserved break.
At the Bank of England meeting, the MPC voted by a majority of 6β3 to maintain Bank Rate at 5.25%.
The base rate is different to mortgage rates and although this can be a factor when lenders price their deals, we have seen rates falling throughout January. (1/3)
If you would like to benefit from our services, please get in touch with one of our advisers on 0113 265 3759.
{As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments}. (3/3)
Good news! As Siobhan & Josh predicted, the Bank of England's Base Rate has held steady this time round.
However this is still higher than many have come to expect over the past few years.
If the BoE were to increase the base rate this would be 15th consecutive rise.
If you are concerned about the effect of base rate on your mortgage get in touch and talk to one of our advisers today on 0113 265 3759 to discuss your options.
[Please see declaimers in comments.]
Disclaimers:
*We aren't economists and this is purely gut feelings from what we have seen in the news.*
[Your home may be repossessed if you do not keep up repayments on your mortgage]
π£ Exciting news!
Despite the Bank of England base rate being at its highest point since March 2008 and predicted to increase tomorrow, mortgage rates have actually been on the decline over the last month, and we want to make sure you don't miss out!
At Response Mortgages, we specialise in providing independent mortgage advice, tailored to your needs. So, no need to worry about rising rates β we're here to guide you through the process and find the best deal for you.
In my spare time I can usually be found at my local Brazilian Jiu Jitsu school, which keeps me active and also allows me to spend a lot of time with my two children Arthur and Penelope as I coach their weekend classes too."