Is your Fixed Term coming to an end?
Nathan Baker
Former Professional Footballer for Aston Villa & Bristol City - Independent Mortgage & Insurance Advisor (CEMAP), For enquires [email protected]
Did you know some lenders allow you to lock in a new interest rate up to 6 months before the fixed term ends?
This means, if the interest rates were to rise again, you have already secured a lower rate. But also, if rates were to decrease, you can switch to the lowest / cheapest rate.
This is a popular way for me to secure the best interest rate for my clients as it gives us the flexibility to work around the market conditions.