A few Spring Money Questions.
Looking to save money?
Do you have an interest only mortgage?
Thinking of switching to a repayment mortgage?
Sounds like a good idea however if you are over 55 there can be some complications.
You may need to look at an equity release or lifetime mortgage. You will need to speak to someone with Equity Release Qualifications.
A great local source for information in Kettering is Natalie Barlow at Best 4 U Mortgages on Church walk.
Following a conversation with her last week she highlighted some interest rates that are available; some are from 1.29% with no early redemption penalties.
2 Year fixed rates from 1.29%
5 Year fixed rates from 2.56%
10 Year fixed rates from 3.39%
Changing your mortgage can give you some significant savings so I would recommend you have a chat to Natalie for some clear, independent advice on Kettering 01536 384 590 or just click this Mortgages Kettering link.
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