Increase In Interest Rates To Cost Warrington Home Owners £204.71 A Year

Posted on: 7 December 2017

Increase in Interest Rates to cost Warrington Home Owners £204.71 a year

Warrington homeowners will be among those affected by the latest rise in the Bank of England interest rates. The first increase in 10 years; they have just been raised from 0.25 percent to 0.5 per cent. This uplift comes as inflation hits a 51-month high of 2.9 per cent whilst the national unemployment rate is at an all-time low of 4.3 per cent.

Continue reading this blog here: https://warringtonproperty.blogspot.com/2017/12/increase-in-interest-rates-to-cost.html

Share:


Recent Articles

19 October 2023

Avoidable Costs Of Homeownership

Buying a home to build equity, provide security, and accumulate generational wealth? Yes, please! Letting lifestyle creep (and too many streaming subscriptions) erode your financial cushion and derail your path to home ownership? That’s gonna be a hard pass. Fact is, some home...

18 September 2023

The Price Paradox: Unravelling The Tale Of Two Homes

In the world of selling homes, where every house has a story to tell, two Warrington homeowners set out on separate journeys to sell their beloved properties and unlock their full potential. Meet Sarah, the owner of the first home, a charming Warrington house nestled in a quiet neighbourhood....

5 May 2023

April 2023 Market Report

Spring has definitely arrived, and the property market around Warrington, just like the local bees, is buzzing. According to mortgage industry technology company Twenty7tec, March saw overall mortgage search records set, and this has been reflected in the amount of activity in the...

instant online valuation

Get an instant online valuation

Find out how much your property is worth