21 March 2016

Base Rate Report – Part 1

In this report from Nationwide Mortgages we're looking into the UK’s attitude towards spending and saving during a sustained period of low interest rates.

Did you know...

It’s been almost forty years since base rates peaked at 17%. Now at a record low of 0.5%, what might a rate move mean for the finances of Britain’s homeowners, who, it would seem, have never had it so good – at least when it comes to interest rates.

Take a look at how the low rate means different things for different people, how a rate increase might effect a mortgage payment and get some tips on how to make sure your finances are working their hardest for you.

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