VARIABLE RATE MORTGAGE

Mortgage Knowledge Base
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A variable interest rate mortgage is a type of mortgage where the interest rate can change over time. This means that your monthly repayments can go up or down depending on the Bank of England’s interest rates. If you’re considering taking out a variable interest rate mortgage, it’s important to understand how they work and what the risks are.

We have a Guide to Variable Rate Mortgages which explains them in more detail.

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