Mortgage in the next year | With the economy weakening and mini-budget spooking the money markets careful planning to meet Mortgage affordability and a watchful eye on products is going to be essential if you want a mortgage in the next year | In this latest video, Mr Payam Azadi talks about how mortgage market has come to find itself in turmoil with two year money more expensive than five years, and with predictions that Bank Base Rate could reach beyond six percent. He talks about the potential use of trackers without early repayment charges and product transfers being used to help smooth the transition but calls for greater innovation from the lenders, particularly in the buy-to-let market which looks stuck in the mud.
Payam Azadi is an expert whole of the market Mortgage broker at Niche Advice Limited.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.
The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances, and your case should be fully discussed with a Professional Mortgage Broker before you apply. Niche Advice are Independent Whole of the Market Mortgage Broker dealing with different types of clients buying properties all across the UK.
Think carefully before securing other debts against your home. Some Buy to let, and commercial mortgages are not regulated by the Financial Conduct Authority.
Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets including some Bridging Loan products.
