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Hello and welcome to this month’s edition of my mortgage advice column.

This time of year traditionally sees a lot of people looking at reviewing their mortgage options as their current mortgage deal is coming to an end, so I want to highlight why getting your mortgage in order sooner rather than later can be beneficial in the long run.

Why review your mortgage?

In the current climate, everything seems to be going up in price due to inflation, the cost of living, and energy and fuel price volatility – not to mention mortgage rates. With this in mind, now is the perfect time to review your mortgage and see if you could potentially save money, or protect yourself against further rate increases.

I’ve recently had several clients approaching me who have been moved on to their current lender’s ‘Standard Variable Rate’ following the end of their mortgage deal.

This means that an increase in mortgage payments is generally inevitable, given the higher rates we are currently experiencing.

However, there are options available to you and steps you can take to combat this.

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