The Bank of England has dropped interest rates yet again, to just 1% – which means the argument for offset has never been more obvious.
Savings rates will be hit hard by this decision – with base rate at just 1%, many savings accounts will essentially be paying out nothing. Banks and building societies cannot afford [...]

According to Lloyds TSB, consumers are preparing for interest rates to rise next year, despite market speculation that rates could drop below one per cent.
The bank’s latest Consumer Barometer of 2,000 consumers found that 40% of consumers believed interest rates could be higher next year.
This means people are expecting mortgage bills to rise, for debts [...]

Mortgage interest rates are on the up, there is no doubt about that. Thanks to tightening credit limits mortgage lenders have had to resort to putting up rates by several percentage points. Which in real terms means a big hike in your monthly mortgage bill and with rising energy, food and fuel costs, mortgage hikes [...]