With the most unpredictable election in years in the UK just around
the corner, there has been a lot of speculation around re-mortgaging –
just what will happen and what are we supposed to be doing now? The
truth is that while no one can tell with any certainty what will happen
to the housing market, financial experts are predicting that things may
not go as smoothly as many expect. The truth is that interest rates have
been rising already. The longer you wait to make your re-mortgage
decision the more you are likely to pay in the future.
The increase in rates is caused by uncertainty. In any market, not just
the UK, uncertainty, especially in the property market, usually makes
people less willing to invest. This is because property is a huge
commitment – it costs a lot of money. This reduction is investment is
what triggers rates. As someone who is looking at a re-mortgage you are
much better off making your investment now rather than waiting for
election results to determine which way things will go – whoever wins,
it is unlikely that interest rates will slow down for a while.
What about the election promises that some parties have made regarding
the property market should they be elected? The truth is that election
promises are just that – promises. Whichever party wins it is likely that
they will introduce sweeping reform.
One of the best places to get mortgage advice is Mortgage
Advice Services. They are a leading property consulting firm and they
have helped thousands make the right property decisions. Because they
are in touch with a wide variety of lenders they are able to source out
some of the best interest rates on mortgages and re-mortgages available.
Their consultants have worked for many years in different property
market environments and they are always able to offer their clients the
best advice.
In addition to consulting with clients about mortgages and re-mortgages,
they also offer buildings and contents insurance and estate planning and
will writing.
Don’t wait any longer to take out your re-mortgage – it could end up
costing you money. Instead, call Mortgage Advice Services. One of their
consultants will be able to discuss how best to move forward.
You can find out more about them by calling 01332 257 087 or by visiting
their website, http://www.mortgageadviceservices.co.uk/Labels: benefits of re-mortgaging, fixed rate mortgages, mortgage advice, mortgage advice nottingham
