Home Front: Interesting Rates

Rate cut is a boost for borrowers, says Fox & Sons

With the Bank of England’s latest base rate cut to a record low of 0.25%, now may be an opportune time to review your mortgage, according to local estate agency Fox & Sons in Brighton:

“Homebuyers and remortgagers would do well to review their current mortgage situation following the interest rate cut from the Bank of England,” says Mortgage Manager Dominic Ruzyllo, at Fox & Sons. “Now could be a good time to secure a very attractive rate on a mortgage, potentially saving money on monthly repayments. This could make getting on to, or moving up, the property ladder within easier reach.”

Now could be a good time to secure a very attractive rate on a mortgage

“Competition between lenders continues, and there are some great mortgage products available,” continues Dominic Ruzyllo. “We want to help buyers and those hoping to improve their current mortgage arrangements to take advantage of the lower interest rate and invite customers to come in and discuss their options and see if there are more cost effective products out there for them.”

Fox & Sons offers mortgage and remortgage advice from its network of branches and has access to many highly competitive and exclusive mortgage products*. To speak to a Mortgage Advisor, please call Fox & Sons on (01273) 777000 or email domruzyllo@yahoo.co.uk