Throughout our life we may go down the route of potentially borrowing money, most of us will may also borrow money against a property at some stage. This could be to buy a property, but there are many other reasons to take out a mortgage, this may include home improvements or funding a new or existing business you are a part of.
Regardless of the reasons why you would potentially take out a mortgage, getting the most suitable deal should be the focus and is a pivotal part of mortgage planning.
In essence your mortgage is a longer-term debt – usually at least ten years and can sometimes be up to 30 years. Over this time, small savings in mortgage interest can make a big difference to how much you may pay.
With this in mind, one way to reduce the cost of lending is through an ‘offset mortgage’. An offset mortgage allows you to deduct – or offset – your deposits against your mortgage balance for the purpose of calculating interest.
You could potentially be paying interest on the difference between your mortgage balance and your offset deposit balance.
Here at Liddle Perrett we offer expert advice, we are only too aware that life isn’t always plain sailing, we take your whole circumstances into account to recommend a suitable product, and it’s that thorough, professional look at your mortgages that makes their advice so valuable.
We’re able to give you the peace of mind, your query will be dealt with promptly and without fuss, this is just one of the many benefits we can provide.
You’re only a small call away from getting back on track with Liddle Perrett.
For Mortgage advice please contact:
David Liddle on 0345 894 8441 or firstname.lastname@example.org.
For Protection advice please contact:
Sarah Buckingham on 0345 894 8441 or email@example.com.
For General Insurance advice please contact:
Jade Topliss on 0345 894 8441 or firstname.lastname@example.org.
Your property may be repossessed if you do not keep up repayments on your mortgage.
This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.
Liddle Perrett Ltd is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.