...

As we are now heading into the last quarter of the year it has always a popular time for people to
review their finances. There has been a lot of noise in the media recently around interest rates and the potential of the Bank of England raising the base rate. Homeowners with mortgages are being told to re-mortgage as soon as possible to make the most of the current low fixed rates that are on offer*.

People need to be aware though that sometimes the best rates on the market are not right for their
circumstances and therefore the need to speak to a broker like ourselves is more important than
ever.

At Firstxtra, once we have established your requirements we complete our research and review a comprehensive range of mortgages from across the market to make sure you are getting the correct mortgage for your needs.

What can help most homeowners obtain these lower rates is that property prices have risen in the last few year giving greater equity in the property and therefore making the loan to value more attractive which in turn allows the lender to offer the more competitive products.

By re-mortgaging you can potentially save money on your monthly payments or reduce the term of the mortgage and if you opt for a fixed rate you will be able to secure your borrowing costs at a low rate for either two, three, five or even ten years. This could give you the added security you are after and protect you from any future rate rises.
*Source: Your Money 21/09/2017

First Time Buyer

Remortgage

Moving House

Low Deposit

Buy to Let

Shared Ownership

Self Employed

Life Insurance

Critical Illness Cover

Income Protection

Home Insurance

About us

Meet the Team