You’re not a-loan in looking for the best rates

The Budget has been released and, although there were no direct influences on the property market, there is continued positivity. The Bank of England are due to announce the next interest rate changes on the 23rd March (a week after writing this). General consensus is that there will be one more rise to endure. That said the mortgage market has once again become competitive.

This increase in competition means that there are more affordable mortgage products out there and therefore more people out in the market looking to buy. As we have previously mentioned, the property market seems to have avoided the downturn that so many were predicting. This means there are plenty of properties out there and plenty more to come to the market.

The best course of action is to know what you can borrow and what you can afford before delving into arranging viewings. Well, you wouldn’t fill your shopping basket not knowing how much money you had in your pocket would you?

By speaking to an independent advisor you are able to benefit from a wide ranging view across the mortgage market. Attractive interest rates are returning and, thankfully, the murmurs of 6 & 7% base rate interest levels look like they are now nothing more than worst case scenarios.

Our independent in-house financial experts are busy finding competitive mortgage deals for both buyers and those looking, or needing, to remortgage. Initial appointments are free and whilst we prefer to speak face to face with our clients we are also able to offer telephone appointments for those unable to attend an office.

To find out what mortgage deals there are out there, especially at this time when every penny counts, why not arrange a meeting with one of our independent advisors.

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Poole Townsend solicitors Ltd (Company no:10964550) is a company registered in England and Wales with its registered office at 69-75 Duke Street, Barrow in Furness, LA14 1RP. A list of directors is available at the registered office address. Authorised and regulated by the Solicitors Regulation Authority number 647087. We are independent financial advisers authorised and regulated by the Financial Conduct Authority. VAT registration number :154365563.

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