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Cheaper Mortgages as Bank of England reduce Base Rate to 0.25%

Posted: 10th August 2016

Category: General

House hunters in Harrow on the Hill will benefit from the Bank of England's decision on the 4th August 2016 to lower interest rates. 

They now lie at a new Historic Low of 0.25%, making borrowing money to buy a home even cheaper, with lower monthly costs.

Moneysavingexpert.com say it will also benefit around 1.5 Million home owners with a tracker mortgage.

If you are looking for a great new mortgage deal contact our advisor Gary Simpson or Ian Bowers here.

If you would like an update market appraisal of your Harrow property by our expert at Woodward Estate Agents, please click here.