Barring exceptional circumstances, you should definitely aim to have a mortgage in place for when your fixed rate ends. More specifically, you should aim to have the most suitable deal available to you in place for when your fixed rate ends. This may be another fixed-rate deal but it might also mean switching to a […]
Mortgage
Mortgages could cause household woes
As homeowners, it’s crucial to be prepared for the possibility of an increase in mortgage interest rates. Such increases can impact monthly repayments and overall financial stability. This article will explore five effective strategies to help homeowners navigate potential rate hikes and hence ensure they are equipped to handle higher mortgage costs. Reviewing current mortgage […]
Can your energy efficient home help save money on your mortgage
In today’s world, where environmental consciousness and financial considerations go hand in hand, the concept of a green mortgage has gained significant traction. With lenders increasingly offering incentives for energy-efficient homes, homeowners have an opportunity to potentially save money on their mortgages while reducing their carbon footprint. Let’s explore the potential benefits of having an […]
Why plan ahead of your fixed rate ending
Mortgages tend to be for significant amounts of money. They are always for an important purchase, namely the roof over your head. For both of these reasons (and many others), it’s important to stay on top of your mortgage deal. In particular, it’s vital to plan ahead of your fixed rate ending. Understanding the risks […]
Busting remortgaging myths
Remortgaging can seem daunting, especially with all the myths and misconceptions surrounding the process. Many people are unsure about whether they should remortgage, when they should do it and what their options are. This article will therefore explore some common remortgaging myths and clear them up for you. Myth 1: Income from multiple sources disqualifies […]
What happens when your mortgage deal expires
Understanding what happens when your mortgage deal expires is crucial for homeowners. Failing to take action can result in being transferred to a higher standard variable rate (SVR), leading to increased interest payments. This article explores the implications of mortgage expiration and highlights the role of a mortgage broker in finding the right solutions for […]