What next for mortgage rates?

Is now the time to fix your mortgages?

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With interest rates tipped to rise in early 2016, homeowners have been rushing to fix their mortgages. Hints are being dropped by Bank of England officials that its ratesetters will have to start considering raising interest rates at around the start of 2016.

Approximately 78% of the UK mortgage market are not on a fixed rate, with 80% of those people expecting interest rates to rise in the near future.

What impact would a 1% increase have on your monthly outgoings?

To book an appointment to discuss fixing your mortgage call 0843 289 9089 or complete the form right and we’ll call you back.