Fixed rate mortgages have fallen to their lowest ever level

Recently, the Bank of England governor Mark Carney made headlines declaring that he believes the 0.5% base rate, which has remained unchanged for over six years, could rise later this year.  Although not definite, this may mean mortgage rates, some of which are currently at all-time lows, could increase and borrowers should be aware that mortgage rates often increase earlier than the base rate in preparation.

Mark Stebbings, our Mortgage and Protection Consultant, has 25 years experience in the industry.  As a mortgage broker, he has an extensive breadth of knowledge unavailable to consumers such as lenders’ credit and affordability criteria and can therefore obtain a quicker acceptance by matching you to the right deal.  We’ve also been told by existing mortgage clients that the mortgage consultation is quicker when compared to high street lenders, who often require the borrower to attend two or three meetings before an application is submitted.

Mark is qualified to give advice on all mortgage and protection matters, holding not only the mortgage diploma (DipMAP) but also the Equity Release Lifetime Mortgage qualification (CeRER).  He also has access to information and rates for the whole of the mortgage market and can therefore save our clients time and money by shopping around to get the best rate for them.

For further information please click here to request a call back from Mark Stebbings.

Written by: Kay Crooke – Practice Manager, Prosser Knowles Associates Limited

Prosser Knowles Associates Limited is Authorised & Regulated by the Financial Conduct Authority. The value of your investment can go down as well as up and you may not get back the full amount invested. The Financial Conduct Authority does not regulate Taxation and Trusts. The information in this document does not constitute advice or a recommendation for any product and you should not make any decisions on the basis of it.  Your home may be repossessed if you do not keep up repayments on your mortgage.