Florida Real Estate, Tourism and Immigration News » Get a Fixed Rate Sterling Mortgage http://blog.britishhomesgroup.com Florida Property Wed, 08 Feb 2012 20:00:44 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 BANK OF ENGLAND FREEZE INTEREST RATES! http://blog.britishhomesgroup.com/2007/06/07/bank-of-england-freeze-interest-rates/ http://blog.britishhomesgroup.com/2007/06/07/bank-of-england-freeze-interest-rates/#comments Thu, 07 Jun 2007 19:49:52 +0000 admin http://blog.britishhomesgroup.com/2007/06/07/bank-of-england-freeze-interest-rates/ Relief all around as the Monetary Policy Committee held the base rate at 5.5%. However this relief is still short lived, the UK is still suffering from high levels of inflation, which are way off Target 2.0 levels, the UK still has a runaway housing market which, although is suffering in the wake of the HIP’s chaos is still going up. So this relief is most likely temporary and it is expected that there may be a further couple of rate rises before the end of the year.

This is good news for Florida property if you are considering a sterling mortgage. Which is still very attractive with the exchange rate as it is! Our range of Sterling Mortgages from BMA track the Bank of England base rate. There are currently three fixed rate products available from BMA so now really is the time to get one to future proof your mortgage against the possible rate rises on the horizon. Contact Us today.

None of the information contained in this blog/blog post constitutes, nor should be construed as Financial Advice.
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