A look back at base rate over the last 20 years The Bank of England Official Rate or base rate over the last 20 years. In the chart below the first nine years shows what was a pretty normal range for base rate which averaged 4.95% over the period to Oct 2008. Since March 2009 […]
Month: May 2019
Help to Buy ISA
Are you a First Time Buyer and saving for your deposit? Then let the government boost your savings by 25%!!! If you save in a Help to Buy ISA you will get a £50 bonus for every £200 you save up to a maximum bonus of £3,000. Entry to the Help to Buy ISA closes […]
Retirement Interest Only Mortgage
What are they? A retirement interest-only mortgage is very similar to a standard interest-only mortgage, with two key differences. The loan is usually only paid off when you die, move into long term care or sell the house. You only have to prove you can afford the monthly interest repayments. Retirement interest-only mortgages are generally […]