Category: Mortgage Rates
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If you’re a first time buyer or buying a home in the UK, understanding where you’re buying is just as important as understanding what you’re buying. The home buying process in Scotland is very different from England and Wales, and these differences can affect timescales, costs, and legal commitment.
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Today, the Bank of England confirmed that the Base Rate will remain at 3.75%. While “no change” might sound like a period of stability, the mortgage market is currently anything but static.