Thursday, 18 June 2009

Great News



We have just received some really great news.

Ok, to be honest, we expect we got it a few days ago, but as we have only just got round to opening the post, we have only just found this out.

Basically, we have had a letter from the mortgage company telling us that the part of our mortgage that was 'fixed rate' has now come an end.

As a result on the 1st of July our mortgage will change to follow the Bank of England base rate, which means our repayments will drop by just a little under half.

Which in turns means my beloved Frances will now be able to go back to having weekends off, instead of only Sundays...whoop!!!

Photo is of the Bank of Englands front doors, wish I had the key....but I'll settle happily for getting to pay less and more time with Fances......priceless.


5 comments:

  1. I think you should have a (small) celebration as well!

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  2. And, of course, you don't have to leave home or pay anything for that!!

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  3. Good to hear that the recession is bringing people some good fortune - you enjoy!!!!! That means lots more fab piccies!!?? x

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  4. Wooo wooo! I remember when then bank rate went from 8% to 15% in about a year. I was skint. Every percentage point drop after that was a celebration :) Enjoy!

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  5. Wow, that is great news!!! Hope your weekend is going great, love the song on your blog!!!

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