You may have seen in the news that some mortgage lenders have withdrawn products due to the uncertain situation around interest rates. And whilst we appreciate the headlines from some media outlets will rightly raise concerns, it’s worth noting that only a handful of lenders have taken such steps.
Whilst these circumstances are beyond our control, At Skybound Wealth we have access to a wide range of mortgage providers and although we can’t predict the future, it’s safe to say now would be a good time to review your options if you are either on a variable rate or approaching the end of your fixed rate deal.
Is using a mortgage adviser more expensive than going directly through a bank?
In short, yes, they are. However, mortgage advisers are well placed to ensure you find the best mortgage for your circumstances, in many cases they will save you money off your mortgages. Short term they are more expensive but over the long term you could save a lot more. Our mortgage advisers are dual qualified to financial advice across all your investments not just your mortgage requirements.
Whether you are looking for a quote or simply an idea as to what you can borrow, we are on hand to guide you through your options.
Once we understand your circumstances, Skybound will search hundreds of options to find the most suitable mortgage for you and your individual requirements. Whether you are a first-time buyer, moving home or looking for a potential re-mortgage, we will provide you with the information on the best mortgages that are available to you.
If you would like to discuss this, or any other matter relating to your personal finances, please contact your financial advisor in the first instance.