11 Jul 2023
Mortgage costs have hit the highest level for 15 years after the rate on a two-year fixed deal surpassed the peak in the aftermath of the mini-budget.
The average rate on such a deal is now 6.66% - a level not seen since August 2008 and the financial crisis.
Mortgage costs have been soaring recently as lenders grapple with inflation and uncertainty over interest rates set by the Bank of England.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Registered in England and Wales
The Mortgage Shop (Kent) Limited is an appointed representative of PRIMIS Mortgage Network, a trading Name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.
The guidance and/or information contained within the website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK.
Registered office address - Sutherland House, 6 Nelson Place, Broadstairs, Kent, CT10 1HQ
Registration number - 03783582
The Mortgage Shop Normally Charge A Fee For Mortgage Advice. However, This Will Be Dependent On Your Circumstances. Our Typical Fee Is £349
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