01473 213312 info@bbell.co.uk

If you have a mortgage that is a ‘Base Rate Tracker’ your mortgage repayment will stay the same, unless your mortgage provider has a time clause in your contact.

Other mortgage interest rates can go up (or down) this very much depends on what your mortgage provider uses to calculate the lending. They may use their own that can be aligned to what is called LIBOR (London InterBank Offered Rate). This is the interest rate at which banks offer to lend funds to each other.

Saving in general will stay at the same level, but there may be still better rates if you shop around.

Is your mortgage due for review, give us a call today to see how we can help 01473 213312