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What factors contribute to the price of a mortgage?

April 26, 2017contribute factors mortgage price

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What factors contribute to the price of a mortgage?

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The Bank of England Bank Rate alone does not determine mortgage rates, and building societies have many other factors to consider when pricing mortgages. Societies are also very careful to balance the needs of their savers with needs of their borrowers; savers outnumber borrowers 8 to 1.