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Answering common questions about mortgages and property

standard variable rate

Moving House and Slipping onto Standard Variable Rate can be financially painful – don’t get caught out.

Moving house and slipping onto standard variable rate during the transition means people  unnecessarily end-up paying too much for their mortgage borrowing. It’s a common scenario where during the house moving process someone’s existing fixed rate mortgage product expires but their current property isn’t sold and the new one isn’t purchased. People end-up paying hundreds of pounds ... Read more

What’s the benefit of a ‘fixed rate’ mortgage product?

A fixed rate is an interest rate that is predetermined up front by the mortgage lender and is fixed for either 2, 3, 5 or 10 years (most commonly 2 or 5 years). The benefit of a fixed rate mortgage is that it won’t change during the period it is fixed so you know exactly how much you will be paying back to the lender every month by way of mortgage repayments. Your home maybe repossessed if yo... Read more

My Fixed Rate Mortgage Product Expires Soon – Do I Need To Act?

YES - If you'd like to potentially reduce your monthly mortgage repayments. YES - If you don't want to slip onto a more expensive standard variable interest rate. YES - If you'd like to see if there is a lower interest rate available from another lender. Wouldn't it be just great to get the same thing but pay less? It's called shopping around and you do it with car insurance, with home ... Read more

Mortgage Advice Eastleigh

Mortgage Advice Eastleigh

Mortgage Advice Eastleigh Ask About Mortgages now offer mortgage advice in Eastleigh. Located in Fryern House, Winchester Road, close to Waitrose and Costa in Chandlers Ford. Mortgage advice is Fee Free and there is free customer parking at the front of the building. We are whole of market mortgage advisers so are able to search the whole of the market for products for our clients. Our advisors... Read more

Why use a mortgage broker and specifically Ask About Mortgages?

If you've never used a mortgage broker you're probably thinking - why use a mortgage broker?Ask About Mortgages is a 'whole of market' mortgage broker which means we can compare rates and products across the whole of the market for you. Our panel of  lenders, the most recent additions being Sainsbury's bank and the Post Office give our brokers access to 1000's of mortgage products. Working wi... Read more