Lockhart Grey Financial Planning Ltd

The present depression has forced near zero interest rates yet this mortgage trend won’t last forever. If the recession is over, interest rate will start rise fast and many home-owners would be tied into on costly tracker rates and standard variable rates (SVR). The latest rounds of quantitative easing by the our government means that interest rates may increase much faster when the economy starts to recover.

Today is the ideal time to search and secure the most attractive fixed rate mortgage solution. Many mortgage lenders are offering extremely good mortgage deals at the moment to secure new customers. If you leave the applying for a new fixed rate mortgage too late, interest rate could become too high for homeowners and the new high rate monthly payments may be seen as too expensive for your own financial circumstances and you may be declined.

We at Lockhart Grey Financial Planning can choose the most competitive and most appropriate mortgage product for you to meet with your own personal circumstances. If you are looking for a fixed rate mortgage then please talk to us now before it?s too late and the interest rates become too high.