James Myatt - Embrace Financial Services

27/07/2026

Proud to have completed the Certificate in Financing Greener Homes, delivered by Finance Institute with Banking Group and accredited by LIBF, part of the Institute London. Ready to help more clients make their homes greener.

22/09/2023

Yesterday the Bank of England base rate was kept on hold at 5.25%. Lenders are reducing their fixed rates. Talk to me to see how all this could affect you and your future payments

15/07/2023

Fixed rates are currently at the highest level I’ve seen for 15 years since the credit crunch, but there is hope that things will improve sooner rather than later. With most mortgage offers being valid for six months, you can secure a mortgage now with confidence that I will monitor for if and when cheaper rates become available, and react accordingly.

I expand on my thoughts on mortgage market conditions in this article.

Contact me now if your looking to buy or remortgage and I’ll be happy to help you every step of the way

Brokers discuss the downward trend

19/06/2023

All the advice in the news right now is to speak to a mortgage broker. Whether you’re looking to move, buy for the first time, or if you are either on a Standard Variable Rate mortgage now or importantly:

IF YOUR CURRENT FIXED RATE DEAL IS DUE TO FINISH IN THE NEXT SIX MONTHS

Talk to me to understand the options available to you

Inflation and interest rate rises from the Bank of England are both contributing to the increase, which will put a further squeeze on many families finances.

11/05/2023

25/02/2023

https://www.mortgagesolutions.co.uk/news/2023/02/24/rate-switch-cancellation-will-become-more-common-increasing-broker-and-lender-workloads-%e2%80%92-analysis/

Some words in Mortgage Solutions about monitoring the options available to my clients and keeping on top of changing products to ensure they benefit from as cheap a mortgage as possible as lenders have moved to lower fixed rates in recent months. Yes you could go direct to your bank. Yes you could switch to a new fixed rate yourself without receiving advice, but I will take care of you and do everything I can to keep your mortgage as cheap as possible:

James Myatt, mortgage broker at Embrace Financial Services, added that the process and ease of the rate switch cancellation “varies dramatically from lender to lender”.

He said some lenders just require pressing a button to cancel the existing application, other lenders would require a call to the call centre and others requested an email to ask the rate switch be cancelled.

Myatt added: “This all takes time out of our busy schedule but is absolutely the right thing to do for our valued clients as mortgage rates reduce. Some clients have saved over £3,000 in interest charges as a result of us monitoring their rate switch options.”

Rate switch cancellations will become more and more common over the coming weeks as mortgage rate pricing continues to decline, which could lead to an increase in lender workload, brokers have said.

13/02/2023

Please contact me on 07792890359 or 01782376930 for an initial chat. If your mortgage deal is due to come to an end in the next six months let’s review your options. The sooner we talk the more we can do to reduce any shocks to your finances.

08/02/2023

This week’s progress so far:

Further rate reductions from HSBC meaning two existing clients have been re-written with lower monthly payments than the previous deals, which only came out last week!

Three existing clients of Nationwide rewritten following today’s 0.05% reductions in two year fixed rates and two year trackers.

One client has seen their two year fixed rate drop from 5.89% when we started talking in the dark days of October 2022 to 4.89% now, a whole 1% reduction even during a period of BoE base rate rises.

02/02/2023

The Bank of England has raised the base rate of interest again. It now sits at 4.00%, but the sense is that we are now at or near the peak.

Please contact me if you wish to review your finances and check you have the best possible mortgage deal for your circumstances

https://news.sky.com/story/bank-of-england-hikes-interest-rates-by-0-5-percentage-points-in-tenth-consecutive-rise-12801269 Bank of England hikes interest rates by 0.5 percentage points in tenth consecutive rise

Rate rise may be the last for a while as the Bank upgraded its economic forecast