…reduce outgoings

6th Feb 2008

Active Mortgage Advice advise people to seek independent mortgage advice when looking to cut back on their outgoings.

"With monthly mortgage payments usually being many households largest single expense, it’s crucial people seek advice to ensure they are getting best value for money.  At Active Mortgage Advice we are currently advising clients, who are not too sensitive to interest rate movements to consider a tracker rate mortgage with no early repayment charges.  If, as many market commentators expect, we see a series of interest rate cuts this year, clients could do very nicely by hopping onto a tracker rate mortgage to ride the rate cuts down and then securing a fixed rate mortgage when rates are lower" said Daniel Webb, Managing Director of Active Mortgage Advice.