In our clients own words (see http://www.mortgagebrokeradvice.co.uk/) they had been anticipating a miracle from a Manchester mortgages advisor.
Assembly our customers expectations with the aid of getting the loan bills to near as £ 300 consistent with month and keeping the loan time period as close to feasible to 10 years.
After gaining knowledge of the market we located a excessive street lender inclined to consolidate the money owed and provided a £ forty,000 compensation mortgage over 11 years on a 2 12 months fixed fee of 1.53%.
This decreased the loan payments to £ 330 in keeping with month – closest to a miracle we at Manchester Mortgages should get to !
The new lender provided a free wellknown valuation and a free criminal service and had no association prices.
Our client’s loan bills at the moment are £ 330 in line with month – a saving of nearly £ 400 in keeping with month was made – no longer bad on a total £forty,000 loan.
We gave our client the option to extend their mortgage to twelve years which might have reduced the mortgage charge to £299 in keeping with month but they favored the 11 year time period payments at £ 330 in step with month
Customer does now not ought to fear approximately private loan and credit score card payments and that they have the repayment ( capital & hobby ) loan they desired close to their stated monthly price range.