There are a record number of mortgage deals coming to an end this year and fixed rate mortgage rates have been coming down despite the base rate rising!
The Bank of England have put the rate up yet again today so it now stands at 4% and they might not have finished yet! However, Lenders factor things like this in weeks in advance and that is why we are in this curious situation that fixed rates are not spiking like they did at the back end of last year.
A good time to start looking at your remortgage options is 6 months before your product expires. This will give us plenty of time to compare the deals offered by your existing lender to what is on offer in the market. We also have access to some exclusive deals.
If you are purchasing a new property, 2023 has started strong and lots of new listings are coming to the market daily. If priced right, these usually sell quickly. We are still seeing many people in competition with other buyers despite what the mainstream media would have you believe, so having an Agreement in Principle (AIP) in place prior to offering is essential. We can arrange an agreement in principle within 24 hours of your application, get in touch today.
Estate agents can be very persuasive in selling both their mortgage and conveyancing services. Approach with caution here, you don’t need to use them if you don’t want to or even go in and see them. Also, do you really want your estate agent knowing your maximum borrowing when you’re trying to negotiate the purchase price of a property?
Do you know what you are paying for with your current insurance products?
You’d be surprised how many people don’t know or can’t quite remember. Maybe we can save you money or you can get better quality cover for what you are already paying
Also, any recent life events such as a new child, marriage, divorce, change of job, decreased or increased borrowing should be considered.
Some of the newer benefits available with our insurance policies are children’s critical illness cover, 24/7 access to a GP and get a second opinion for a medical condition.
Equity Release/Later Life Lending Options (Age 55+)
The equity release/later life lending market has changed a lot over the years. We now have a range of later life mortgage products for those aged over 55 looking to purchase a new property or release equity from their home.
Have You Made a Will? – Most People Haven’t!
We believe everyone should have a Will. You’ll be able to say what will happen to your home, assets, pets and children should you die. Prices start from only £80. Advice on other legal services, e.g. power of attorney and property trusts is also available.
Book your free mortgage appointment at a date and time that works for you. Alternatively, you can speak to our team by calling the number below. We can’t wait to hear from you!
Last Edited 27/02/2023