Interest rates are widely tipped to rise at the start of 2016. It’s likely that your mortgage is your single largest monthly bill, so shouldn’t you look to make sure it’s the best deal that you can get?
Some lenders are already starting to remove their best deals from the market, as they will look to maximise their profits, but if you know where to look a good deal can still be found, and it could save you a significant sum.
The current average mortgage payment is £698 per month. If your mortgage rate isn’t fixed, a 0.25% rise in interest rates would mean an increase in your monthly payment by around £19 per month. The ‘map’ for an interest rate rise is generally an upward curve and so further rises would be likely.
There are thousands of mortgage deals on the market – why not let us take the hassle out of it and source the perfect one just for you.
Get in touch today – it could be the best decision you make all year.