Homeowners Urged to Reconsider Mortgage Options After Bank of England Rate Cut

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Financial specialists are advising that, under current conditions, a five-year fix may prove more beneficial than a shorter two-year product. The UK Mortgage Centre has published fresh guidance for homeowners following the Bank of England’s decision to lower its base rate. While the move was widely expected, it has still raised a number of concerns among borrowers trying to determine how the…

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