Nelson Mortgages

According to recent figures the recent rises in interest rates has seen the level of interest and activity with remortgage rise steeply, as consumers rush to try and find a more competitive deal on their mortgage before interest rates rise yet again. Interest rates have already been hiked up by the Bank of England five times since this time last year, with each rise being 0.25%, adding an additional 1.25% to the 4.5% interest rate from last August – the base rate now stands at 5.75%. Read the rest of this entry »

Popularity: 69% [?]

Over recent months mortgage exit fees have been at the centre of controversy, with regulators and campaigners questioning why a number of lenders have hiked up the cost of mortgage exit fees by huge amounts – in some cases by 200% over the past few years. Mortgage exit fees have been charged to those closing their mortgage accounts, such as those that have paid off their mortgages and those deciding to remortgage with another lender. Read the rest of this entry »

Popularity: 72% [?]