BBC News - Fixed-rate mortgages at less than 3% - what are the drawbacks?: "A sudden price war has broken out among big mortgage lenders.
In the past week or so the RBS group (including NatWest), HSBC, Santander and the Nationwide, have cut their mortgage rates to below 3% for new, four or five-year, fixed-rate deals.
These are the cheapest long-term home loans ever offered to borrowers in the UK.
Their emergence has been prompted by the availability of cheaper funds for lenders to access, under the Bank of England's new Funding for Lending scheme.
The mortgages are mainly for people with at least a 40% deposit to put down."
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Dawgen Global is an integrated multidisciplinary professional service firm . The firm is staff by a Global Team of Professionals spanning several disciplines. We are integrated as one firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services Caribbean Region Head Office : Dawgen Towers 47-49 Trinidad Terrace Kingston 5 Tel: (876) 9292518 | (876) 9265210 Email: info@dawgen.global
Thursday, August 2, 2012
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