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Time to move: it’s in your best interests

Interest Rate Adjustment

The writing is on the wall for an interest rate rise soon

Ian Westerling

I see that, in order to return inflation to the 2% target, there may need to be an adjustment of interest rates in the coming month” Mark Carney, Bank of England Governor, 14th September 2017.

So, the writing is on the wall for an interest rate rise soon, which will, of course, permeate through to mortgage rates and a rise in fixed rate terms quoted by lenders. Right now, there are still some tremendous mortgage products out there and many fixed rate schemes could take advantage of the current level of mortgage rates and safeguard your position for the next few years. We would, therefore, recommend that you look to buy or sell now before mortgage rates rise!

There are some fantastic properties available to buy through your local Humberts office, priced to sell before the end of the year and, conversely, we also have a large bank of motivated and qualified buyers who want to move before Christmas.

Call us today so we can help get you moving.

 

Humberts live Article Details

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Ian has been working in the property industry for over 30 years, having started out in estate agency in 1987. He has been working at a senior management level since the mid 1990s, and took the role of Managing Director at Humberts in 2014. Ian will be actively involved in Land and New Homes operations in the South West region, bringing with him his extensive experience in the New Homes sector across the UK, whilst providing support and guidance where required.

Ian Westerling - Humberts.com

Ian Westerling

Mayfair

020 3284 1888