20/03/2020
If you have a fixed rate mortgage ending in the next 12 months and may be considering a move/re-finance, I would urge you to get in touch now to discuss a new deal. With interest rates being slashed this week, it will, in many cases, be cost-effective to pay the Early Repayment Charge and Switch to a cheaper rate now. Often these penalties are as little as 1% in the final year.
For those cutting hours at work or on commissions/bonuses, it's highly likely your payslips will not give you the same borrowing power in the weeks and months ahead, so now is the time to act!!
