Bank of England Base Rate mortgages

Bank of England Base Rate:
How this impacts your mortgage

Get help from an expert mortgage advisor. We’re here to help if you’re concerned about the Bank of England Base rate and your mortgage

We’re rated Excellent on Google – We’ve got you covered

Here’s everything you need to know about the Bank of England Base Rate and your mortgage. Get in touch if there’s something specific you’d like to ask. You can get in touch by getting started or submitting a question to an expert mortgage advisor.

What will happen to my mortgage?

If your mortgage rate is a “tracker rate”, your mortgage interest rate may track the Bank of England Base Rate. If so, you will see this change reflected in your interest rate and monthly payment.

If your mortgage interest rate is variable you may also see your monthly payment change.

What if my mortgage current mortgage deal is fixed?

A fixed rate mortgage deal means you won’t see your payment increase until the end of your fixed rate. when your deal ends, your mortgage rate may revert to your standard variable rate. This can mean your monthly payment can increase.

Mortgage payment gone up?

We’re here to help make sure you don’t miss out on savings with your mortgage deal

When should I look at switching mortgage deals?

This varies between mortgage lenders. Generally around 3-6 months before your fixed rate ends. This gives you plenty of time to speak to a mortgage advisor and review your options.

My current mortgage lender has sent me a new deal, should I take it?

Speak to a mortgage advisor first. You may be missing out on a better deal without getting expert mortgage advice first. We can also help arrange options with your existing mortgage lender too.

Minimal advice fees

We believe in minimal advice fees. Once you have spoken to our mortgage experts and we are confident a mortgage is possible for you, we only charge a commitment fee of £95. This is 100% refundable if you don’t receive a mortgage offer.

Rated Excellent by our clients

Will has been an amazing.

He has been there throughout my home buying processing going out of his way to help. He found me a great mortgage deal which met my requirements and he was there to answer all my mortgage and home buying questions. He is very professional, great communication , honest and knowledgeable.He has made my house buying journey seamless and I couldn’t be more grateful.

Margaret – Google Review

An awesome service from beginning to end.

Will is just amazing. He helped me through the process of re-mortgaging under complex circumstances every step of the way. He responded swiftly to every enquiry and gave me the confidence that everything was under control. I would recommend his services to anyone as he really knows what he is doing and got me the best deal possible. Thanks Will

Jennifer – Google Review

Continuously goes above and beyond to give the best service

I have spoken to many mortgage advisors and Will by far is the most thorough, detailed, approachable and available individual that I have had the privilege of working with. He is very transparent, helpful and continuously goes above and beyond to give the best service to his customers. Thank you Will for looking after me. It has been great working with you.

Hamid – Google Review

Ask us a question

We’re here to help. Whatever your circumstances, drop your question here to get an answer from an expert mortgage advisor

"*" indicates required fields

Step 1 of 3

Ask us anything below*

How quickly are you looking to proceed?

Author: Will Walton - Mortgage Advisor, Founder