Is this the best time to take out a mortgage in Kettering?
23rd March 2015
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Is this the best time to take out a mortgage in Kettering?

 

Quote from The Daily Mail front page on the 11th of February ‘Best Time Ever to Take out a Mortgage’

It goes on to say that the next 6 months could prove the best time in history to take out a mortgage, experts claimed.

A price war between lenders will make it the perfect opportunity for homebuyers or anyone remortgaging. Fixed rate deals have never been cheaper and may even slip below 1 per cent.

Well is this the case? I have been talking to Kettering Mortgage Broker Natalie Barlow of Best 4 U Mortgages on Church Walk Kettering.

Natalie saysBrokers have to give you best advice which includes looking at existing lender deals and if they can offer an alternative rate. Pound for pound changing mortgages can be really good value, easy and stress free. Most brokers can find offers with free legal’s and free valuations and free arrangements fees but if there is an  arrangement fee it can be added to your loan so there are no upfront costs’.

This can be as easy as changing your car insurance and the broker does all the paperwork.

Take a look at these example typical interest rates and compare against what you are currently paying.

  • 2 year fixed rates at 75% loan to value of 1.64%.
  • 5 year fixed rates at 75% loan to value of 2.54%
  • 10 year fixed rates at 70% loan to value of 2.54%
  • 5 year fixed rates at 90% loan to value of 3.99%
  • 10 year fixed rates at 90% loan to value of 4.75%

If you think that changing your mortgage provider would help your situation please click this Mortgage link or call Natalie on 01536 384590 now.

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About the Author

Stuart P

Member since: 6th April 2009

Hi and welcome to my Best of Kettering blog site.

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