2020 has seen unprecedented times for us all. The nation’s finances are being restructured by government – do you need to restructure the family’s budget?
COVID-19 has impacted the household budget, often due to reduced hours or furlough. Re-mortgaging may be the solution to help regain control of your monthly budget.
Think carefully before securing debts against your home. Transferring short term loans to long term commitments will mean you may pay more in interest over the term of the mortgage.
There may be other options to manage debt – our advisors will discuss your needs and requirements before making a recommendation.YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
|Is short term debt taking up too much of the monthly budget?|
|Do you run out of money every month?|
|Only covering minimum payments on Credit Cards?|
|Debt not reducing?|
|Has your debt increased due to COVID-19?|
|Are you back to work after furlough or shortened hours?|
|Do you want to restructure the family budget and take control?|
Contact us today to discuss your options and suitability.
Representative example of £211,250 over a term of 25 years on an initial 5yr fixed rate 1.39% - 64 payments of £837.92, and 237 payments of £1,090.71, based on a Standard Variable rate -4.34%. Total amount to be repaid £311,064.44, made up of loan amount plus interest (£98,789.50), product fee of £995. Overall cost for comparison APCR 3.1%.
This calculator will give you an idea of how much your monthly mortgage payment will
cost each month. Just enter the loan amount and the interest rate. Then just move the slide left or
right to change the term of the mortgage.
From the moment you call the Mortgage Marketplace, you’ll discover that we are different. We’ll quickly explain your mortgage options and email you a personalised mortgage illustration we are recommending.
Before you apply, we will make sure you qualify for the mortgage we are recommending, so you can be confident your application will be successful. We will never leave anything to chance.You can track your mortgage application online 24/7, upload and review documents safely and securely and message the individuals who are managing your application.