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patprimer74

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Not very far from here is an advert headed:

Buy To Let Remortgages

4.49% under bank base rate

Assuming that the 'bank' referred to could be the Bank of England, does this mean that they will pay you credit interest on money you've borrowed from them, should the rate drop further?

p

Edited by patprimer74

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Not very far from here is an advert headed:

Buy To Let Remortgages

4.49% under bank base rate

Assuming that the 'bank' referred to could be the Bank of England, does this mean that they will pay you credit interest on money you've borrowed from them, should the rate drop further?

p

Tell us where to find the ad and we will be able to make more sensible comments.

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Hi

When I saw that, it read as though they will charge you "4.49% under base rate", but in reality I think the caption would be interpreted as "4.49%, which is under the current BoE base rate."

However, the advertisment has succeeded in getting people to notice it, and even write about it, so I suppose the marketing people are chuffed. :-)

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  • 301 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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