Tel: 0845 458 2633
The third rate cut since December
Fincial analysts have said that the slowdown in the economy and the continuing credit problems have forced the government to lower the base rate even though there is a risk of higher inflation causing even more long term problems.
The Woolwhich, therefore, Halifax, Nationwide and Barclay's mortgage customers will see their standard variable rates cut by the full quarter of a percentage point. Mortgage lenders have forseen this decrease in the base rate and have been increasing the rates attached to tracker mortgages over the past few weeks.
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Your property may be repossessed if you do not keep up repayments on your mortgage.
For more information on how we are paid for mortgages please click here.Grovelawn Financial Services, 3b Restormel Industrial Estate, Liddicoat Road, Lostwithial PL22 0HD — T: 0845 458 2633
Grovelawn Financial Services is a trading style of Grovelawn Limited
Grovelawn Limited is Registered in England & Wales number 5030300. Registered Address: 98 Station Road, Sidcup, Kent, DA15 7BY.
Consumer Credit Licence Number: 573287