CBHC Financial Advice
The housing market might be up and down like a yo-yo, but one thing
is certain – interest rates are still at an all time low. However, just
because the bank isn’t taking as much of your hard earned cash as it did
before, don’t assume that you’re getting the best deal.
Since the recession, one of the few things that most people have
actually benefited from financially is lower mortgage payments. Where
our money is concerned, good news has been so few and far between that
lots of us are just happy to be saving on something.
But don’t be seduced into neglecting your mortgage.
Here at CBHC, our priority is to make sure that our clients are
either making or saving as much money as possible, and at the moment
there are some fantastic remortgaging deals available that could be
saving you even more.
For example, the average Standard Variable Rate from mortgage lenders
is 4.76%. Although quite a respectable figure in relation to previous
ones, this rate is relatively high compared to what you could remortgage
to: tracker rates are now available from 1.49% above the bank base
rate, and the cheapest fixed rates start at just 2.49%. Put that into
the perspective of a £300,000 mortgage, and the monthly savings could be
Of course these deals do depend upon individual circumstances, such
as LTV and affordability, but finding out if you could save on your
mortgage payments is quick and easy. Just pick up the phone and speak to CBHC’s Wealth Management
team. We’ll be able to assess your circumstances quickly, find out what
deals you could access, and tell you how many years we could take off
For tailored advice on how to best manage your personal and business finances, get in touch with us today and find out about how CBHC can help you do more with your money.