Abbey will be coming to view the house this week! Need to question the mortgage with the interest rates going down as i am not sure if it will reduce mine or not?
Sister is now back and home and doing well
If you are on a fixed rate mortgage, then your payments will not be affected by the recent rate reduction, but if you are on the Standard Variable Rate of your lender, or a tracker product, then you ought to benefit from some or all of the reduced percentage. You can generally find this information from your last mortgage statement, or a quick call to your lender.
Its not gone through yet Melanie so i have emailed my mortgage advisor to ask her. I think it was a flexible mortgage, fingers crossed the payments will be reduced
