Recent estimates suggest that as many as one million borrowers will have lapsed onto their lender’s expensive default mortgage rate by the end of 2020.

It pays to make sure you are on the most competitive deal for your circumstances.

When a tracker, fixed rate, or discount mortgage deal ends, you may be automatically switched onto your lender’s Standard Variable Rate (SVR) and could be paying way over the odds. SVRs do not normally offer the most competitive rates and are usually linked to a percentage above the bank’s base rate, so the rate can rise and fall. 

Mortgage rates are at record low levels, so it makes sense to act sooner rather than later to see if you can get a more cost-efficient mortgage deal.

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

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

We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)

For Lifetime Mortgages/Equity Release the fee will be £799.

Our mission is to provide honest mortgage advice, whilst helping you save money.

Get in contact

Flexible appointments

Or call —02380224925

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Providing helpful and friendly mortgage advice in Southampton

First Floor, 9 Salisbury Road, Totton, Southampton, SO4O 2HW

02380 224 925

info@southcoastmortgages.com

South Coast Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 59 The Avenue, Southampton, Hampshire, SO17 1XS. Registered Company Number: 08414746 Registered in England & Wales.