LIBOR

This the London Inter Bank Offering Rate.Often this is the rate that lenders charge on buy to let lending. In an enviroment where rates are likely to fall the LIBOR rate is often lower than the bank base rate as it reflects the price of borrowing 3 months ahead.

for An uptodated and historical Libor rate click on

http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=141&a=627

If your borrowing is on a LIBOR rate complete the questionnaire on Portfolio Review - Can you Save Money? .We will be able to review your borrowing to calculate any savings you can make.

Alternatively email us info@portfolioreview.co.uk