Comments Off on Why Upfront Rates Don’t Tell the Whole Story
It’s common for clients to ask about the mortgage rates we can secure for them even before sharing their details. While understandable, this approach might not lead to the best outcome for you.
No adviser can responsibly quote rates without assessing your unique circumstances. Advisers who share rates upfront are often using generic figures to win your business, which may not apply to your situation. This can lead to disappointment or unexpected costs later.
Comments Off on Volatile Market: Why Acting on Your Mortgage Now is Crucial
The way lenders price the fixed rates they offer for new business is based on SWAP rates, which are driven by market conditions and sentiment. This makes mortgage rates inherently volatile, especially when SWAP rates change drastically.
Volatility in mortgage rates is not uncommon in the UK. While neither clients nor advisers can control the market, understanding what you can do in such a market is key to protecting yourself from rate fluctuations.
Comments Off on Timing is Everything: Why First-Time Buyers Should Make Their Move
In today’s housing market, recent policy shifts and economic trends are creating unique opportunities for first-time buyers. From increased loan-to-income ratios to reduced investor competition, here are the key reasons why now might be the ideal moment to secure your first home.