Is now the time to switch your mortgage?

Now is the time to get some advice if you have a fixed term mortgage product ending this year.

Being placed on a lenders S.V.R (Standard Variable Rate) is something to avoid, this will drastically increase

your monthly payments.

We advise considering all available options at least 6 months before your deal

ends, this will allow enough time to make the relevant changes when cheaper options are available.

Mortgage products currently have some of the lowest rates ever. The cause, a perfect storm: Extremely low interest rates in the UK. A buying boom fueled by a stamp duty holiday. Current accounts filled with pandemic related savings mean Banks have excess cash to lend. ‘Not everyone will qualify for the lowest rates offered. The aim is to find the cheapest mortgage product that is available, and that is where I can help you’ says Ian, a Hoskins advisor.

Please contact me if the above applies to you. Initial enquiries are free and you are under no obligation.