Cable Forum - View Single Post - Bank of England raises base rate of interest to 1%

jonbxx · 06-07-2022, 16:45

We are regularly overpaying our mortgage which has a 1.34% fixed rate. It's getting to the point where, for us, it is better to put the money in a savings account and pay a big wedge at the end. I see 4 year accounts paying nearly 3% now.

06-07-2022, 16:45	#18
jonbxx cf.mega poster Join Date: Jan 2004 Location: #Plagueisland Age: 54 Services: VM VIP Pack Posts: 1,712	Re: Bank of England raises base rate of interest to 1% We are regularly overpaying our mortgage which has a 1.34% fixed rate. It's getting to the point where, for us, it is better to put the money in a savings account and pay a big wedge at the end. I see 4 year accounts paying nearly 3% now.