BLOG ARTICLE

Reviewing your mortgage deal could save you money

Submitted 28/03/2019

Back to blogs

On Thursday 2 August 2018 the Bank of England’s Monetary Policy Committee (MPC) raised interest rates by 0.25 from 0.50% to 0.75%.

It’s important to regularly review your mortgage, as it can often make sense to transfer to a new deal - or even a different lender. Your decision to transfer will of course depend on your individual circumstances, and the current rate you are paying.

If your lender plans to increase its Standard Variable Rate (SVR), or already has, moving onto a new mortgage deal could save you money.

To discuss your mortgage needs, please do get in touch.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

From Our Blog

Stay up to date with us

image showing hands with a pen and a tiny house

Can I get a mortgage if I'm on a zero-hour contract?

Getting a mortgage on a zero-hour contract is absolutely possible.

An image showing hand writing on the paper

The pros and cons of using a limited company for Buy-to-Let

Thinking about getting into property? You're probably wondering whether to buy your rental properties in your own name or through a limited company.

A guide to ethical investing

Making your money work for you doesn't mean you have to compromise on your principles.

Image showing four hands holding a tiny house

A guide to Joint Borrower Sole Proprietor mortgages

A Joint Borrower Sole Proprietor (JBSP) mortgage is where someone adds a friend or family member's income to their mortgage application, so they can increase their borrowing capability without forking out for a larger deposit.

BROWSE MORE

Make an Appointment

Send a request and we’ll schedule a meeting