A New Low…

03 Sep, 2021
A New Low…

As the UK continues to emerge from the pandemic, lenders are vying for position at the top of the list. In the space of a month Nationwide have reduced their rates three times which goes to show their appetite for your business at the moment. Today (the 3rd of September) they released a market-leading 0.87% 2 year fixed rate. Santander has also released 5 year fixed rate at just 0.99%, this means a mortgage of £200,000 on interest-only would cost just £165 per month.

If you’re tied into a fixed rate, now is the time to get in touch with us to see if it’s mathematically worthwhile to incur your exit fee!

Tom Collier Profile Image
Tom Collier - Advising Director
DipFA CeMAP FSRE

Tom is a qualified financial planner with 15 years’ experience in the financial services industry, the majority of his career to date has been spent helping his clients with their mortgages.As our resident life insurance expert, he’s always been very enthusiastic about what is, let’s face it, a rather dull subject. Tom has assisted one of the UK’s top insurers in developing and launching a new life insurance product into the broker market. He’s also very interested in the later life mortgage market and works closely with several lenders in this space, helping them develop their offering.Tom is fully fledged petrolhead, you can usually find him tinkering with an engine somewhere in his spare time.

Meet the Team