Articles
Help to Debt (HTD) – the importance of good advice when it comes to making borrowing decisions
Despite many changes in regulations regarding mortgages and other types of lending, low interest rates have given many the temptation to borrow more or consolidate existing debt.
How the Great British Pound is faring against Euro and US Dollar
It’s business as usual for us when it comes to measuring the Great British Pound (GBP) against other economies. Naturally, the mortgage market is affected – either positively or negatively – as outside influences alter, so we continually keep our finger on the pulse of what’s going on.
Interest rates in the UK, Europe and beyond
At a time when financial uncertainty is never far from our minds, we thought it might help if we show you where the UK sits when it comes to interest rates. Currently at 0.750%, the rate increased from 0.500% in August 2018.
Euro REFI’s interest rate is 0.00%, which decreased from 0.05% in March 2016. The European Central Bank (ECB) is the central bank for the eurozone – it’s the bank of the EU countries which accept the Euro, all 19 of them.
How is Brexit likely to affect 2020 mortgages and house prices?
We have said it before and we’ll say it again: the one thing that is certain about the impact of Brexit is uncertainty.
The way in which we leave will almost certainly shape what happens with mortgages and house prices in the coming year, with a likely fall in house prices should we go with the no-deal Brexit option.
Can we expect sub 1% mortgagee deals?
In a changing world one thing is for sure, in terms of interest rates, mortgage borrowers have never had it so good.
Since 2009, the base rate has been below 1% which has meant lower cost borrowing for many; however, ultimately mortgage lenders still need to make a profit so there has always been a margin on top of this.
