Does your mortgage need a makeover?
With interest rates remaining low, and many lenders offering competitive deals, this could be a good time to review your existing mortgage arrangements. The monthly mortgage repayment is often a family’s major outgoing, so it’s a good idea to review your mortgage from time to time to see if there’s a better deal currently available in the marketplace that could save you money.
If your existing mortgage deal is coming to an end, or if you’ve been with your lender for a while, this could be a very good time to think about switching to get a more cost-effective mortgage deal, either with your existing lender or by switching to another one.
This could be particularly beneficial to the estimated three million mortgage borrowers in the UK who are currently paying interest at their lender’s standard variable rate.
If you’d like to review your current mortgage deal, then please do get in touch. We will be able to assess your circumstances and recommend the most appropriate mortgage based on your circumstances.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.