A few weeks ago we went to visit a very good client who we hadn't seen in a while, and the talk came around to the fact they had just fixed a portion of their loan with their bank; and when we heard the rate we nearly fell over - a full 0.7% more than they should have been paying!All of this came to pass because our client didn't know refixing was part of the service we provide our clients. And there's a few other less obvious parts of our service we think you should know about;
Breaking your fixed term to get better rates
Refinancing your mortgage
Sometimes clients come to us with a couple of credit cards, a hire purchase and perhaps a personal loan for which they are paying very high interest rates. Perhaps they were interest free to begin with, but now you might be stuck paying up to 20-25%! In many cases we can help to consolidate these for you, and at home loan rates you'll be debt free in no time.
There really is more to our business than arranging loans for new purchases (although we love doing this!), and the great thing for you is that we do work on tall the things above at least a couple of times a week each.
Back to our lovely client - the story ends well. We gave her a friendly talking to and we actually achieved a fantastic result for her and her partner just this week. A saving of $8K in interest cost each year, which is absolutely huge, and we simplified their structure to make the most of the lower rates and give them certainty in their payments for a longer period.With all of these ways we can help, we'd love to talk to you or someone you know to improve their mortgage – Contact us today!