Mortgage Market Update from our recommended mortgage broker Kelly Flanagan of Rokform Finance
The Bank of England has this week lowered the base rate to 3.75%
What does this mean for you?
• If you have a Tracker/variable mortgage? Your payments may fall.
• Are you Remortgaging? More competitive deals could be on the way.
• Do you want to save money? Now’s a great time to review your mortgage or think about moving
Lenders are already updating rates, so acting quickly could help you secure a better deal. I’ve been able to secure some fabulous deals recently, including a mortgage for first time buyers who only had a 7% deposit. If you’d like to explore your options, please call the Debbie Fortune team on 01934 862370 and the team will put you in touch with me.
Kelly
⚠️ Your home (or property) may be repossessed if you do not keep up repayments on your mortgage. A fee may be charged for mortgage advice. The exact amount will depend on your circumstances. Some forms of Bridging Loans are not regulated by the Financial Conduct Authority. Rokform Finance is a trading style of Rokform Mortgages Ltd, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered in England.
