As rising energy bills, tax increases and high inflation dominate the headlines, opportunities to save money have never been so welcome – which is why Enzo Mora, CEO of The Mortgage Brain in Gloucester, is reminding anyone who needs to remortgage their home this year that taking early action can really pay off.
Even if it doesn’t feel that long ago that you secured a mortgage and bought your dream home – or remortgaged to a better deal – rising house prices could mean there’s now more equity in the property, or for some, salaries may have increased.
Either way, homeowners could qualify for a more competitive mortgage and see their monthly repayments reduce – even if they want to increase the size of their loan.
With thousands of homeowners seeing their current mortgage deals coming to an end this year, advisers at The Mortgage Brain are already getting in touch with customers to remind them.
‘We do this at least five months in advance, so they can make an informed choice and save as much money as possible’, said Mora.
‘We know people are busy and put off renewing financial matters, however by acting quicker, you are more likely to secure a better deal’, he added.
The Mortgage Brain even offers an interactive mortgage calculator to give customers a good idea of what’s around in the market, with the brokers able to compare offers – many of them exclusive – from a wide range of lenders.
For more information, or to use The Mortgage Brain’s interactive mortgage calculator, visit themortgagebrain.net.