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Capital Fortune
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14 Nicholas Lane
London
EC4N 7BN

 

Little Impact of 0.5% Base Rate Cut The latest 0.50 percentage point cut in the Bank of England is having little impact on the mortgage rates being offered, according to Moneyfacts.

Many lenders seem reluctant to pass the latest cuts on, resulting in the average rates hardly moving. The average SVR is now 4.83%, down 0,31%; the average 2-year fix is 4.94%, down 0.49% and the average 2-year tracker is 3.93%, down 0.58%.
Last Updated on Saturday, 14 March 2009 10:32
 

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Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital Fortune Ltd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.