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Mortgage Rates are going to be on the up (soon-ish)

Following the budget announcement last month and rumblings about interest rates going up to help deal with inflation, there have been a lot of horror story headlines about mortgage repayments going up to a 30 year high and other such nonsense.

Now we're definitely not saying that rates will sky rocket uncontrollably, but it is likely that they will increase in the coming months but by how much no one can really say.

For the majority of people who are on a fixed rate mortgage that's not going to really be a big deal (for the moment) but for those that are still languishing on their banks standard variable rate (SVR) you're already paying more than you need so it's only going to get worse when rates do go up.

If you're worried you could be over spending on your mortgage rate, get in touch and we will find you a better deal.
Get in touch before rates go up

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Rising mortgage rates could cool the UK housing market, say analysts.
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Deposit Unlock scheme offers new-build mortgages with 5% deposits.
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Forces Help to Buy
The scheme to help forces personnel get on the property ladder
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Helpful guide to income protection insurance found in The Times recently.
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Insurance
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Armed Forces Financial Services is a trading name of TIMC Independent Financial Advisers Limited which is authorised and regulated by the Financial Conduct Authority No 439451

Copyright © 2021 Armed Forces Financial Services, All rights reserved.


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Armed Forces Financial Services · The Elwick Club · Church Road · ASHFORD, Kent TN23 1RD · United Kingdom

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