We know that many households are struggling with inflation, bringing increased bills and cost of living. The Bank of England interest rates are currently increasing rapidly with no signs of slowing down. This brings serious implications to the mortgage market, pushing rates higher, so it’s no wonder many people are considering fixing their mortgage rate for up to 10 years.
Mortgage rate coming to an end? What should you do?
But is it the right thing to do?
There are many pros and cons to fixing your mortgage rate and that depends on numerous variables, which include your loan to value, the length of time left on your mortgage and not least your personal financial situation.
Talk to us face to face
With so much information out there right now it’s all too easy to feel overwhelmed. We are here to take the stress from your financial decisions and make the process smooth and pain free. During our consultation we will talk through your mortgage situation, face to face. We will give you clear, jargon-free advice and make recommendations on the best option for you in your financial situation.