I saved £408 a year switching my mortgage…

Nov 28, 2017 | MAIN FEED


Welcome back to Broke in Bristol, the blog that helps you save money, make money and live life to the full on a shoestring. We’re often told that it pays to review our mortgages when the fixed term is up, but in reality our busy lives get in the way and life admin takes a backseat.


If your current deal is due to end, make finding a better deal a priority today as it could save you thousands over the years especially following the Bank of England interest rate rise of 0.5% at the beginning of this month. I nearly stuck with what I had, simply because I’m self-employed and don’t yet have three year’s worth of accounts.


If you’re in a similar situation, or don’t want to go through a credit check because your income or circumstances have changed, call your current provider and ask them what deals they can offer you. Because you’re already a customer you shouldn’t have to go through any credit checks (providing all your payments are up-to-date) and you should come out the other side with a better deal. In my case it saved me £34 a month, which totals £816 over a two-year period. Not bad, eh?


If you’re not tied to your current bank or building society, it pays to shop around even more. Bristol-based independent mortgage advisor Zoe Hadley-Clarke was a great help to me and I can’t thank her enough. Zoe is offering free advice to everyone in the Bristol, Bath and surrounding areas so email her on advice@hcmortgages.com or call her on 07748 800587.


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About me

Jackie Annett

Welcome to my website. My name is Jackie Annett and I've lived in this wonderful city for many years. I'm a single mum to fourteen-year-old Little Miss Diva and for the last 20 years, I've been working as a journalist, magazine editor and blogger.

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