Review your mortgage and protection policies this Christmas
Monday 12 December, 2022
Katherine Mumford, our Mortgage Broker in Tottenham discusses finances and protection at Christmas:
“The Christmas holiday period is often a time to consider personal finances, health and family protection, especially in hard times. Thomas Oliver mortgage brokers and financial advisers are here to help you to understand how you can be financially prepared for 2023.”
There have been changes with government policies and the economy at large over the last few months that have affected the mortgage and housing market.
With the Bank of England increasing interest rates, the impact of the mini budget, along with changes to the stamp duty and the cost of living, it has become even more important that you have access to the latest mortgage and protection advice.
Understanding which mortgage and protection products are available to you will help you to establish if you have the best possible mortgage rate and if your current mortgage is the most suitable product for your individual financial circumstances.
If you are worried about the rise in interest rates, then now is the time to talk with us. We have access to mortgages from across an extensive panel of lenders including some exclusive rates that are not available to the public.
We are advising many of our clients to take advice and consider a remortgage now, interest rates have settled since volatility since September. Therefore, fixing your monthly payments could avoid further increases in interest rates in 2023 and beyond.
We recommend that you call our Thomas Oliver mortgage broking team on 01707 872000 who will be on hand to help you with your mortgage review.
Unfortunately, death and critical illness are unforeseeable, so we recommend that you don’t gamble your life.
We understand that an accident or long-term sickness can dramatically reduce your income and therefore affect your living standard.
We can help you to make sure you have adequate life and critical illness cover for you and your family to help protect you and your family’s standard of living should the worst happen.
Simply call our one of our protection advisers on 01707 872000 and we will be to help you arrange the most suitable life and illness cover.