More Commentary
More Commentary
Press Commentary Press Commentary Archive The Daily Express The Daily Telegraph The Telegraph The Times and The Sunday Times BBC News Daily Mail and Mail on Sunday Financial Times Mortgage Strategy

Financial Times - UK lenders begin to raise mortgage rates despite BoE decision

Aaron Strutt Image

Mortgage borrowers’ chances of securing an ultra-cheap deal narrowed this week in spite of a decision by the Bank of England to hold interest rates at 0.1 per cent, as banks and building societies raised interest rates across their fixed-rate home loans.

Some borrowers have been willing to pay charges to end their existing deals early in order to secure a longer term fix for peace of mind. Aaron Strutt, product director at broker Trinity Financial, said one client recently decided to pay £12,000 in exit fees on two five-year mortgages in order to lock in a low rate over 10 years.

Click here to view the full story £

As seen in
sunday times telegraph financial times bbc news the express the times
Get Started

Get started today

Speak to one of our mortgage experts. Either book an appointment to come and see us, or request one of our experts to call you.

Book a Consultation Talk to an Expert