89 per cent, which is Bank of England base rate plus 2.
What does BOEBR stand for?
BOEBR stands for Bank of England Base Rate (mortgage rate)
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Samples in periodicals archive:
5 per cent Bank of England base rate some forms of debt are worryingly expensive.
uk/yorkshire-air-ambulance * AS THE Bank of England base rate stays at 0.
But not all lenders are being so generous with their money and rates - even with the Bank of England base rate at an all-time low of just 1.
The best mortgage deal available for someone with only a 10 per cent deposit has increased by more than 1 per cent during the past year, despite the Bank of England base rate nearly halving from 5.
Following yesterday's announcement, around 30 lenders pulled their range of the tracker loans, which automatically move up and down in line with the Bank of England base rate, for repricing.
5% following last week's Bank of England base rate cut.
Tracker Abbey has a two-year variable rate tracker mortgage at Bank of England base rate plus 0.