The Bank of England announced yesterday that the base rate of interest for loans and savings was to remain at its historically low level of just 0.5 per cent for another month, making a total of two years of cheap loans in the UK. But a new survey has found that borrowers living in the UK who have outstanding variable rate home owner loans and mortgages seem to be unaware of just how cheap their home owner loan is at the moment.
See the article here:
Borrowers Ignorant Of Low Loan Rates
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