The rise and fall of interest rates in the UK

/ Sep 12, 2018 / No Comments / In Blog / By

Did you know that the interest rate back in 1979 was 17%?

 

Despite a recent rise in interest rates, we mustn’t lose sight of the fact that interest rates are still at historical lows and borrowing is still very cheap, comparatively speaking.

 

If you would like to take advantage of low interest rates and would like to talk through your options, give us a call today on 01564 651 291 or email us via hello@plusmortgages.co.uk.

 

Whether you’re looking to buy a new home, raise capital or simply find a better mortgage deal, we can help.

 

We don’t charge fees for our advice. Like all brokers, we simply get paid by the lender when your mortgage completes. We just choose not to charge you on top!

Click here to view a chart of the rise and fall in interest rates between 1979 and 2017.

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