Easy access saving accounts have suffered at the hands of rock bottom interest rates for a while now, but long term, fixed rate bonds are the latest accounts to experience a rate cut.
After early worries following the result of the EU Referendum, the Bank of England has reported that Britain’s economy is performing better than expected.
Avoiding paying inflated interest rates and keeping loan repayments as low as possible is key to staying on top of your mortgage and your personal finances.
With increasing house prices and a need to cut down on monthly outgoings, more and more home buyers are looking to longer term mortgages as a solution. But just how easy is it to take out a 40 year mortgage?