There has been much speculation in the press about the possible rise in interest rates next month. Some lenders have started to withdraw fixed rate deals or adjust interest rates in anticipation of the possible rate rise.
If you need the stability of a fixed rate mortgage there is still time to act, and there are many good fixed rate deals on the market. You can still get sub 5% fixed rate mortgage deals and with the current Bank of England interest rate at 5.5% these will provide considerable savings, especially when compared to lenders standard variable rates of around 7.5%.
A saving of over 2.5% can save the average mortgage borrower hundreds of pounds per month. If you have a fixed rate mortgage deal which is about to come to an end it pay to seek independent mortgage advice you may be surprised how much you can save.
We have helped thousands of UK people obtain advice on Remortgages.
We Believe the Best Advice is 'Independent' Advic
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