Skilled Mortgage Brokers More Essential Than Ever
A knowledgeable mortgage broker can make all the difference when looking for that all important first property, saving you thousands on repayments. Equally, if your current agreement is coming to an end, a mortgage broker working for your best interests is a distinct and profitable advantage.
Looking at just some of the damning statistics on housing in the UK can make your head spin. For example, the Department for Communities and Local Government (DCLG) has reported the average house price in the UK in late 2006 stood at a staggering £205,688 in England. Added to that, UK annual house price inflation rose by 8.6%.
The decision by the Bank of England to once again increase the base rate will undoubtedly plunge even more people into debt, as they struggle with increased repayments, on top of other household expenses.
Those with fixed-rate mortgages are experiencing the benefit of steady repayments, and even those with fixed agreements coming to an end have the benefit of time to adjust their finances accordingly. This is just one example of how a skilled mortgage broker can be of great benefit save you massive sums of money.
Looking for a mortgage broker can certainly be a difficult proposition with so much variety in the offers that all seem to make good financial sense. However, a good broker will explain the long term benefits and not simply how the agreement will breakdown for you there and then.
You can find lots of useful information on finding the right mortgage broker at the mortgagebroker site with all the latest information and resources to uncover the right deal for you.
Related Tags: consolidation, debt, finance, credit, bankruptcy, personal, interest, management, rate, iva, card, morgage, base
Thomas Baugh is the sole author of articles at footballopinion.com and writes content for a number of other sites. If you would like an article published at the footballopinion.com then send them to inspiredfreelance@gmail.com
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