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Base Rate Rise Compared To Mortgage Rate Rise?

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Being lazy a little but I expect a few here will remember, what could a 0.5% base rate actually mean for a mortgage repayment per month on say a 200k loan? if not fixed rate obviously. If the trend is on the up, by how much would you estimate the rise to actually be from your friendly Bank/Lender?

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Being lazy a little but I expect a few here will remember, what could a 0.5% base rate actually mean for a mortgage repayment per month on say a 200k loan? if not fixed rate obviously. If the trend is on the up, by how much would you estimate the rise to actually be from your friendly Bank/Lender?

If you have a Tracker your rate will go up by 0.5%.

If you have a variable rate it is probably already taking into account LIBOR (the true cost of short term money) so you may not see an increase until the Bank rat starts to reflect reality again. On the other hand your bank may see it as an opportunity to raise their margin even further.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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