A personal finance expert at uSwitch, Michael Ossei has advised property owners to research their options before signing a mortgage deal.
His advice was given in a response to Santander raising their standard variable rate (SVR). Mr Ossei described the announcement as a blow to UK property owners.
He commented on houseladder.co.uk that: "Any homeowners worried about their mortgage payments should make sure they do their homework to make sure they get the best deal possible to suit their needs."
Local estate agents with their own Independent Financial Advisors (IFAs) are a great place to find the best mortgage deals. They offer expertise on the local property market and can help property owners to search through mortgage providers and deals, giving an individual assessment and answering any questions that may arise.
If your thinking of moving and need independent advice, call Your Home 7 days a week on 01522 620 510 to arrange an appointment with one of our approved Mortgage Advisors, or visit our office at 140 Burton Road, Lincoln, LN1 3LW. http://www.yourhomeproperty.co.uk/about-us
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