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Bradford & Bingley Raise Interest Rates Bradford & Bingley has increased its mortgage rates by up to 0.55%, for new borrowers, from today.

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Bradford & Bingley Raise Interest Rates

June 07, 2008 at 1:19 AM

Bradford & Bingley has increased its mortgage rates by up to 0.55%, for new borrowers, from today.

On its standard range, its new two and three-year fixed rates have increased by 0.20%. Its 10 year fixed rates have increased by 0.10%, and its new two-year and ten year variable rate deals have increased by 0.10%.

Bradford and Bingley say it's going to charge more for new mortgages because of the increased cost of raising funds in the financial markets.



Tags: Fixed Rate Mortgages
Category: Banks & Building Societies

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