Mortgage Advice Services is committed to excellence in all re-mortgage services. With years of extensive industry experience, we have the tools
and expertise to facilitate your requests within time and budget. With a
highly-dedicated team of seasoned re-mortgage and finance specialists,
we have helped countless clients tap into the current trends and low
rates. Even with the end of the fiscal crisis and low rates booming,
there are many folks that have opted for interest-only mortgages.
According to our industry experts, this is simply not a good idea for your main residence unless you have a sound repayment vehicle to clear the mortgage at the end of its term.
Moving to Fixed Rates
If looking for timely and professional re-mortgage advice, M.A.S is
guaranteed to achieve your desired results. As mentioned above,
interest-only mortgages are cheaper to maintain each month but may cost you more in the long run. For one, you
will need to have a strong and sound repayment vehicle to repay the
balance at the end of the term. This can be quite frustrating and
time-consuming if no repayment plan is secured. In fact, you may
even need to sell your home just to repay the mortgage. This is likely to be the case if your retirement or supplemental income is not enough to service
the loan. As a viable re-mortgage option, fixed rates offer a wealth of
benefits in the current market.
The Benefits of Fixed Rates
There are several benefits associated with fixed rates. With rates at
record lows, you can tap into a wealth of short-term or long-term
savings. Re-mortgaging into a lower and better deal simply means you
will not paying as much as before. Furthermore, fixed rates protect you
from any and all interest rate hikes and increases. This means better
allocation of your finances, along with the ability to repay the loan in
a timely and flexible manner. As re-mortgaging experts, we are able to
check all available loans and products to meet your needs. We also
analyse and assess your current situation, while working diligently to
achieve all your desired results. With Mortgage Advice Services, you
simply get the best deals from the best folks in the industry.
Experience Counts
If you need to switch your interest only mortgage to a new repayment
mortgage, we will help you find the best fixed rates. We work with all clients
every step of the way. With the industry blanketed by some of the
lowest rates, now is the perfect time to take advantage and contact us
today.
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