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UK Interest Rates 27-1-13

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  • UK Interest Rates 27-1-13

    2-Year Fixed Rate - Buying a home
    For loans of between £5,000 and £1,000,000, and up to 60% of the property purchase price or valuation, whichever is lower

    Initial rate, currently 2.94% Fixed until 31 May 2015
    Followed by our Homeowner variable rate, currently 3.99% for the remainder of the term
    The overall cost for comparison is 4.0% APR (Annual percentage rate)
    Product fee £995
    Early Repayment Charges Yes until 31/05/15
    Note, only for "first home owners and home movers" and 60% value of property.

    Stat I read somewhere said there were 22,000 new/first home mortgages in December. How many millions of people in the UK?? 60-64M(not counting illegal immigrants and/or overstayers!!)?? Not a great %age really.
    Last edited by essence; 28-01-2013, 04:37 AM.
    Patience is a virtue.

  • #2
    I think blow 5% interest rate in UK , but not conform
    Last edited by jummy125; 11-02-2013, 10:37 PM.