The Bank of England have today increased the base rate from 0.25% to 0.50%, this is the first time that this has increased for over 10 years!
What Does This Mean to Me and My Mortgage Payments?
If you have a standard variable rate mortgage (SVR) then your payments will increase from next month OR if you have a fixed rate mortgage expiring within the next 4 months then your new deal may be more expensive.
What do I Need To Do?
You need to urgently review your mortgage and see if any solutions are available to lock in your mortgage payments to suit your current circumstances
What do Chris Lunt IFA Ltd do?
We are independent financial advisers, this means that we search in one go the vast majority of UK mortgage lenders to find you the most suitable deal for your current circumstances, we offer a free initial telephone call to have a chat over your circumstances and see if we can help with some prospective deals.
We deal with all of the hassle and paperwork and guide you through the process as part of our service proposition.
We charge a one off fee upon successful completion of £395 if we find you a more suitable deal, this can be added to your mortgage or paid as a fee upon completion. If we cannot help or the deal doesn’t complete then you owe us nothing!
To arrange your free of charge initial telephone call please click here and provide your contact details or contact the office on 0151 923 6173 and quote “Free Mortgage Review”
Alternatively, you can also fill in our online fact find form and we will call you back, please click link below:
(You will need to have basic information and your current mortgage detail to hand)
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE