Maximize Your Mortgage Savings: The Importance of Regularly Reviewing Your Mortgage
Stay in control of your finances with regular mortgage reviews. Discover why it is important to keep track of your mortgage deal and how it can help you save money in the long run. Learn about the benefits of working with a mortgage broker and the steps to finding the best mortgage deal for you.
Second Charges Explained
Considering borrowing additional funds against your property? A second-charge mortgage may be a viable option. As the name suggests, these loans are taken out when there is already a first charge in place. While they can be a useful tool in certain situations, it's important to understand the potential risks involved. By taking out a second charge, you are essentially putting your property up as collateral for the loan. Speak to a qualified mortgage or financial adviser before making any decisions.
Time to ditch the tracker?
Are you prepared for potential changes in interest rates? Our latest article explores the impact of rising interest rates on personal finances, specifically for those who have borrowed money at historically low-interest rates and buy-to-let landlords. We provide practical advice on assessing cash flow and profitability, and the need for vigilance in an increasingly unstable climate. Stay informed and be prepared! Read the full article now.