What a remarkable year 2022 was! It began with a bang, characterized by an abundance of buyers and a shortage of properties during the first quarter. Getting your mortgage approved and ready became crucial as estate agents required it before allowing property viewings. It was a whirlwind of activity.
The second quarter brought more of the same, but anxiety started to creep in with discussions of rising interest rates. This only exacerbated the situation, leading to increased panic buying as people rushed to secure a home and mortgage before rates climbed.
Then came the third quarter, marked by the headline “Interest Rate Rises” dominating every newspaper. Month after month, interest rates climbed higher, causing the market to come to a halt. The panic subsided, and things returned to normal, albeit with slightly higher interest rates. However, the fourth quarter brought a reversal of fortunes. As they say, what goes up must come down. Banks began lowering their interest rates, one after another, creating a more favorable environment. Just before Christmas, there was another Bank of England Base Rate hike. We’ll see its impact on the markets in the weeks to come, but for now, it’s business as usual.
I am a fully independent Mortgage Broker in Ipswich, Suffolk. Our small, friendly, family-run business boasts over 20 years of experience in property and finance. Our team of mortgage advisers takes pride in building personal and long-standing relationships with clients, offering an approachable and trustworthy service. We have access to a wide range of mortgage lenders and frequently assist clients who have been declined elsewhere. When faced with unique cases, we diligently search for a lender who can provide the perfect mortgage solution.
As your mortgage broker in Ipswich, I genuinely have your best interests at heart. Whether you’re a first-time buyer, home mover, looking to remortgage, or a landlord, I am eager to engage in a conversation with you.
Our primary objective is to help you secure your dream home. Additionally, we provide expert financial advice and offer mortgage protection, income protection, and buildings and contents insurance to ensure you can weather unexpected circumstances without losing your home.
Moreover, we can assist with secured loans, commercial mortgages, bridging finance, equity release, wills, and estate planning.
Navigating the mortgage market can be challenging on your own. While some purchases in life can be gambled on and bought online, such as groceries, household goods, or car insurance, mortgages and protection are not products we frequently encounter or purchase. Getting them wrong could cost you not only thousands of pounds in extra interest but also potentially put your home at risk due to the lack of proper financial protection. Contact me, your local mortgage broker in Ipswich, for initial advice.
By choosing me as your mortgage broker, you can trust that you’re in safe hands. I’ll handle all the hard work, from sourcing the best mortgage product from various banks and building societies to understanding your unique circumstances and needs. I’ll provide guidance on protecting not just your home but also your family in case the unexpected occurs.
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