With the Bank of England base rate standing at an all-time low it may
be time to take a closer look at your mortgage. Are you one of the many
on a standard variable rate? If you are not sure now is the time to
check, and if you are, it could be wise to consider moving your mortgage
to a fixed rate deal. Why are we suggesting you re-mortgage? With the
base rate so low, financial industry commentators are quite certain of
the likelihood of a rise in interest rates very soon – perhaps as soon
as early 2016 – so you need to protect yourself against this
eventuality.
What is the best way to get the right deal? The best method is to use a
broker with access to a wide variety of deals and at Mortgage Advice
Services we can find you a deal that is right for your circumstances. We
are experts in helping people get the best remortgage rate, and we
offer a free, no obligation quotation service with a simple online form
to fill in as the first step. What benefit do you get from a fixed rate
deal? Let’s have a look at this in a little more detail.
With a fixed rate remortgage deal you agree a set interest rate over an agreed
period; no matter if interest rates rise above this you will still pay
the same amount. With a sliding rate you will find that, should the
interest rate go above that you are currently paying, your repayments
will increase in line, and in many cases this can lead to quite a
substantial increase in repayments. We can help find you a fixed rate
deal in advance of the impending interest rate rise and we are more than happy to discuss your
requirements in more detail.
With many satisfied clients having already used our friendly and
professional service to find the best and most cost-effective mortgage
deal you can rely on us to provide you with a service that is second to
none. We have a team of expert advisers who are waiting to help you make
sure you are not caught out by rising interest rates and are fully
aware of how to go about re-mortgaging, so why not fill in the online
form at www.mortgageadviceservices.co.uk, or call us right away on
01332-257-087 for a free no-obligation quote. We are here to
help you save money.Labels: fixed rate mortgages, re-mortgage rates, re-mortgaging