Britons appear confident that the Bank of England’s base rate has bottomed out at 0.5% and are therefore favouring fixed-rate mortgage deals.According to Abbey’s mortgage index, last month 60% of homeowners preferred the idea of a fixed-rate home loan, on the basis that it could offer protection from future rate rises.The figures compares with 52% [...]
More: Homeowners look to fix as enthusiasm for SVRs wanes