Base rate cut is good news for home movers!

The recent announcement by the Bank of England to cut the base rate is good news for home movers, according to local estate agency Peter Alan.  Now at a historic low of 0.25%, this could bring more competitive mortgage products onto the market and Peter Alan is encouraging current and prospective home owners to come in for some guidance on what this could mean for them.

“The interest rate cut is positive news for those planning to move home or step onto the property ladder for the first time," says Glenn Leech, Mortgage Services Director at Peter Alan.  “This could mean even better rates on mortgage products and therefore potential savings on monthly repayments for borrowers.  All in all making homeownership more attractive and reviewing your current mortgage situation a financially astute decision.”

Glenn continues:  “Peter Alan has access to a range of highly competitive and exclusive mortgage products* and savvy home buyers would do well to consider what’s available to them.  We invite anyone looking for more information on how to benefit from the interest rate cut to come in and discuss their home moving needs with us.”

Peter Alan offers a range of services including residential sales, home conveyancing and mortgage services to local home buyers, sellers and investors.   To speak to a mortgage advisor, please contact your local branch.

 

A BROKER FEE MAY BE PAYABLE ON APPLICATION.  OUR TYPICAL FEE IS £598.00

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

 Peter Alan Limited is an Appointed Representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority for advising on mortgages and non-investment contracts (most Buy to Let mortgages are not regulated).  Registered in England and Wales No:2073153. Registered office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire LU7 1GN 

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