With interest rates held at record lows, there is currently a tremendous opportunity to review your mortgage and cut your monthly outgoings. If you secured a fixed rate deal 4-5 years ago you could see your interest rate cut by as much as half, allowing you to reduce your monthly outgoings or become mortgage free much quicker.
If you are hoping to purchase a property, I’m sure you will know how stringent mortgage lenders have been in recent years. The good news is that the rules enforced by most lenders have relaxed a little since the peak of the credit crisis. This means obtaining a new mortgage today is easier than it has been in some years.
If you want some more information please contact us.