Interest rates have been increased to 4% by the Bank of England today but gave reassuring comments that borrowing costs may be at their peak although this won't be as good news for those seeking to re-mortgage or in need of a loan in the coming months and it may be some time before we see a lower mortgage rate.
When it comes time to renew your mortgage, it's important to take a close look at your current financial situation and evaluate your options. If you're mortgage is due for renewal and you're wondering where you should turn, here are 10 tips to help guide you through the process of renewing your mortgage (Spoiler: Tip 10 will let you skip all the other steps!):
As part of a larger programme of revitalization in the town centre of Lowestoft, ambitious plans have been unveiled to convert an empty building into a dynamic new visual arts and cultural facility.
Many people are likely to remain in their jobs even during the current recession, which leads Britain’s property appraisers to expect that there will be a downturn in the housing market, but they don't believe it will be too deep or long.
The outlook from the Royal Institution of Chartered Surveyors follows two of the nation’s biggest mortgage lenders and three months of declines in house prices recorded.
Former property of the week, The Wheatsheaf on High Street has now been successfully let and getting ready for a new lease of life.
