As the Bank of England slashes the base rate to a record low of 0.1%, and lenders offer new mortgage rates in response, this could be a good opportunity for borrowers to review your mortgage to see if you could reduce your monthly costs and give yourself some peace of mind for the difficult weeks ahead. Advisory Financial Services are committed to supporting you through these uncertain times
There are several ways we could help you achieve this:-
- If your current fixed rate is about to come to an end or you are already on your lenders
standard variable rate we will help you find the best available deal by switching you to a new
rate with your current lender or arranging a remortgage with a new lender.
- It may be that extending your current mortgage term may be the best way to reduce your
- If you have large monthly bills for short term loans or credit cards you may want to consider
consolidating these on to your mortgage to reduce your overall monthly outgoings. Each of
these options have their own merits and our fully qualified and experienced advisors will
look at your current circumstances and recommend the most suitable options for you. We
can also advise on how to apply for a mortgage payment holiday and how this may impact
your mortgage term.
All transactions can be conducted by phone, Skype or email and all the required documentation can be uploaded using our secure client portal.
To arrange an appointment call 0330 330 9960
Your home may be repossessed if you do not keep up repayments on your mortgage.
You may have an early repayment charge with your current lender and should check before re-mortgaging.
We would always advise you to think carefully beforesecuring other debts against your home.