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YouTubeKnox Mortgages
What the Bank of England Base Rate Actually Means for Your Mortgage #shorts
Everyone talks about the base rate. Here is what it actually means for your mortgage. The Bank of England base rate does not directly set your mortgage rate. If you are on a fixed rate, the base rate does not affect you at all until your fix ends. Your payments stay exactly the same. If you are on a tracker or variable rate, then yes, it moves ...
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