Will a Negative base Rate mean Lenders Pay Borrowers to have a Mortgage?

insurance
Negative interest rates may not be as unthinkable a concept as may once have been the case. While the Bank of England held base rate at 0.1% at its last meeting, it has left the door open to setting negative rates for the first time. With the economy not in great shape, thanks to the pandemic, and the potential for soaring unemployment once the furlough scheme comes to an end, it may be necessary for the Bank to make its move sooner rather than later. But will a negative base rate mean lenders pay borrowers to have a mortgage?  
AWS Brochure

AWS Financial Services Helping Hand Brochure

Download

Case Studies

Large Loan

Clients taking out a large loan requiring a competitive mortgage rate

The clients: Our clients wanted to purchase a property for…...

Bridging Finance

Bridging Finance for High-Net-Worth Client Who Wanted to Avoid a Chain

On Bridging Finance Our client was selling his home and…...

self-employed

Self-employed client whose income dropped during pandemic moving house

The client: Like many buyers, our client wanted to move…...