02 Feb 02.02.2016 Mortgages boost
02.02.2016 Mortgages boost
Buyers and remortgagers keep borrowing due to falling interest rates on mortgages.
The average interest rate on mortgages fell to 2,99%, which is the lowest interest rate in the last 16 years.
It is predicted that the rates will stay low for a while. The Bank of England also stated last month that the base rate would stay 0,5% for longer.
The ultra-low interest rates are great news for buyers of the property. It is advisable to consider buying property now, while bank rates remain low.
If you are planning on buying a property in London, please contact Tatiana Svetlova for consultation on email@example.com.