Neil Pybis-Precise Financial Planning

What's Happening with Mortgage rates??

Prices for average fixed rate deals continue to rise: Moneyfacts – Mortgage Strategy Average mortgage rates continued to rise this week, with both two- and five-year fixes up 0.5%, though price cuts were also made. According to Moneyfacts' latest Mortgage Rate Watch, the average two-year fix now stands at 5.52%, with the average five-year fix at 5.30%. On three-year fixes, rates hav...

Wishing everyone a great festive period and all the best for 2025!!

It's always nice helping first time buyers onto the property ladder. Knowing I've played a part in making dreams come true is a great feeling

A nice way to the end the day!!

Its always good to receive positive feedback from a client!!

Bank of England Base rate drop meant putting some time in reviewing clients existing deals prior to completion again. The clients are delighted and you can certainly see why:

I had already saved 2 clients £485.76 and £724.40 respectively prior to the BOE rate drop by reviewing their rates.

Since the BOE rate change, I have managed to save them a further £750.72 and £753.28.

That’s £2714.16 saved for my clients over the term of their deals.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Another Happy Client, I reviewed the rate secured prior to completion with the lender and managed to get my client on a better deal, saving them £194.16 over their 2 year deal.

The power of reviewing rates prior to completion for your client. I reviewed the products I had secured for the client with the lender, and I have managed to save them £724.40 over the term of their deal by getting them a better rate. 5 minutes work and one happy client.

The Bank of England finally cuts the base rate to 5%

Some good news ahead of the next BOE meeting on the 1st of August.

Will we see a cut in rates???

Mortgage market 'robust' ahead of Bank of England interest-rate decision Financial markets have priced in a 60% chance of a rate cut on Thursday. Industry figures hope a reduction in the cost of borrowing will help boost home sales.

A little bit of better news as we approach the end of the week.

Mortgage rate cuts but borrowing pressure persists More homeowners are facing the first stage of the repossession process, new figures indicate.