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Thursday, 14 December 2017

3 Questions The Bank of England Must Answer Before Increasing Interest Rates in November 2017

The Bank of England is now considering Interest rate rise in November 2017. Therefore, home buyers working with variable mortgages need to tighten their belts and be prepared to pay hundreds of extra pounds every year to the banks!

Now, all buyers will need extra cash as buffer for buying a home atauctions using mortgages. This extra cash will help them bear increased monthly mortgage bills and take care of the increased interest rates.

But here are three important questions for The Bank of England to seek answers to, prior to imposing increased interest rates on home buyers.  

·         Are investors looking for property investment opportunities in UK in position to bear this increase in their mortgage bills?

·         Will the property market in UK be able to cope with possible stagnation because of an increase in the interest rates?

·         Will an increase in interest rates not be a pinch to disposable income?

These questions are nothing more than the tip of the whole iceberg. Call us right now and book your tickets and attend our property investment seminarsin UK to get answers to all questions in your mind in this regard.

We are a group of the best property investment agents in London and rest of the United Kingdom.

We are waiting for your phone call! 

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