TITLE

What value if any do long-term fixed rates offer UK borrowers?

PUB. DATE
August 2007
SOURCE
Mortgage Strategy;8/13/2007, p23
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents opposing views on the value offered by long term fixed rates to borrowers in Great Britain. Opinions come from Kent Reliance deputy chief executive officer Rob Procter and Abbey for Intermediaries managing director Ricky Okey. Procter believes that 25-year deals offer certainty in an uncertain world. On the other hand, Okey thinks that 25-year long term fixed rates tie clients in for too long.
ACCESSION #
26272656

 

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