Bank of England base rate FAQs
Read our FAQs about the Bank of England base rate change and how it may affect your client's mortgages.
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My client is currently completing their new mortgage, will the announcement affect them? This will reveal additional content
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My client is on a fixed rate but their product is coming to an end this month, will they receive a letter? This will reveal additional content
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My client is on a managed rate, is their payment reducing? This will reveal additional content
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My client is on a managed rate, are they eligible to switch to a new deal? This will reveal additional content
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How does the base rate change impact customers applying for new trackers? This will reveal additional content
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How will you work out my client's new monthly payment amount? This will reveal additional content
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My client's payment has changed, but can they continue to make overpayments? This will reveal additional content
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My client's been making regular overpayments, why hasn’t the term of their mortgage changed? This will reveal additional content
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Why haven’t the rates on all my client's mortgage accounts changed? This will reveal additional content
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Will my client's monthly mortgage payment automatically change to the new amount? This will reveal additional content