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Ask the Experts is MyEggNest's free service for questions on Junior ISAs and any aspect of family finance.

Ask our Independent Financial Advisor Steve Weisner a question here.



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Are you paying too much mortgage interest?



Steve Weisner - Independent Financial Adviser Radcliffe & Newlands
A mortgage is generally your largest financial commitment. It takes a big slice of disposable income and is therefore something you should regularly review to make sure you get a good deal. But when is the right time to review?

Once you’ve been with a lender for about three years or more, the chances are any introductory discounts will have ceased. This is generally when you revert to a standard rate – a rate which could be cut by moving to another discount deal. House price rises could have increased the equity in your house, increasing further your chances of getting a better deal.

Of course, moving your mortgage incurs fees and you should weigh these up against the savings you might make longer-term – indeed, some lenders may even help towards these costs to gain your business. The re-mortgage market has become exceptionally competitive and there are lots of deals around. This is where Radcliffe & Newlands can help. We will represent you in the mortgage market and recommend the most appropriate deal for you.

If you don’t want to make an appointment in our offices or a telephone interview, you can also use our research tool on our website and apply to a lender online once you have selected which one you want to apply for.  Although we give you the various ways that you can use our services feel free to call to ask which might be most suitable for you.

To find out you could reduce your monthly mortgage repayments, please speak to Steve where he'll be happy to help you.

Steve Weisner
Independent Financial Adviser
Radcliffe & Newlands
5th Floor Crystal Gate
28-30 Worship Street
London
EC2A 2AH  

Tel: 020 7382 0437
Fax: 0207 374 0462
Email: SWeisner@myeggnest.com
www.rad-new.com

If you have a question or if you would like to discuss becoming a client with Radcliffe & Newlands then do please complete the very short form on the right hand column of this page.

You will usually get an answer within 24 hours except during the weekend or bank holidays.

Other Mortgages Articles

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10% on your savings?

Free brochures to help you buy property

Are you paying too much mortgage interest?

Is Flexibility the way forward?

Are you playing the waiting game?

Property - Still a wise buy?

Don’t over tax yourself

Paying off your interest only mortgage

What does Sub-Prime mean?  

Mortgages Main Menu

 

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Interesting Fact

50% Of Mortgages Holders Are Paying Far Too Much


An astounding piece of market research just released shows that over 50% of all UK mortgage holders are paying far too much in monthly repayments. This is because their mortgage rates are based on a Standard Variable Rate (SVR) instead of other cheaper plans like trackers, fixed and discounted.

Folks, the mortgage sector is crying out for your business right now so do some research into what's being offered and you could find your monthly repayments slashed by up to 25%!

To find out you could reduce your monthly mortgage repayments, please speak to Steve where he'll be happy to help you.

Steve Weisner
Independent Financial Adviser
Radcliffe & Newlands
5th Floor Crystal Gate
28-30 Worship Street
London
EC2A 2AH

Email: sweisner@myeggnest.com
Tel : 020 7382 0437
Fax : 020 73740462  

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