Thursday 4 August 2016

Great news for homebuyers!

Larkfleet loves to be the bringer of good news, along with building incredible homes of course, and we know this story will please you as much as it does us.

It's been an "up and down" time for the housing market with mixed messages being reported in the media. However, the message coming through loud and clear at the moment is that rates on
two, five and ten year fixed rate deals have fallen.

Tesco Bank has cut five-year mortgage from 2.31 per cent to 2.19 per cent with TSB slashing its two-year fixed rate from 1.54 per cent to 1.44 per cent - good news for the property market!

Experts have claimed that a decision by the Bank of England to cut the base rate of interest will make mortgages even cheaper and could persuade more lenders to launch sub one per cent deals.

So, for now, at least, things are looking very good for homebuyers.

Did we mention that Larkfleet build incredible homes?







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