Monthly Mortgage News with Sue Clydesdale of Mortgage Express
"The Don" won the presidential election. Markets had suggested before the election that if that happened we could see interest rates (primarily long-term fixed) increase.
At this stage the market is still digesting the news and it's not panic stations although I have seen some banks offering slightly higher at 3, 4 & 5 years fixed. Interesting that even with the OCR drop on Thursday to 1.75% none of the banks have reduced even their variable rates.
I think that is in anticipation of rates moving up. If you want to look at fixing your own rates then happy to talk to you.
For further information please contact Sue Clydesdale at Mortgage Express on 0272 117 209 or freephone 0800 226 226.
I am so proud of my son Sam, who has now established his own plumbing and drainlaying business. If you or anyone you know needs the services of a plumber (and goodness knows, there is strong demand for them in our city at the moment) Sam & his team would be only too willing to assist you.
Brooklyn Services. We now have a full drainage service. If your drain is blocked or needs a repair we can be there straight away with all gear including drain camera. Remember do it right call day and night!