Reduce Your Mortgage Costs

May 9th, 2018 | News | By Tim Mogford

Future Asset Management LLP have a team of qualified, professional mortgage advisers offering fully independent mortgage advice from the whole of the market.

Get in touch with our Mortgage Adviser today for a Free Initial Review to assess your options.

If you are currently on your bank or building society’s Standard Variable Rate (from 3.74% up to 4.99%)* or if your fixed interest rate deal is due to end soon/recently ended then we can look into finding you a better deal with your current provider or through researching the whole of the market – both of which potentially saving you money on your monthly mortgage repayments.

We are expecting a base interest rate rise by the Bank of England in May which will increase mortgage costs for around 47% of households in the UK who are not on a fixed mortgage.**

But why are the Bank of England increasing the base rate?

The reason is simple: not so much to tame this relatively mild inflation but to normalise interest rates – that way, when the next economic downturn comes, there’ll at least be some room to cut them again.***


Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Future Asset Management LLP will charge £0 for a product switch and up to £247 for a remortgage.
*Halifax SVR – 3.74% and Barclays SVR – 5% at 02/05/2018
** “What would a 2% base rate rise mean for your mortgage?” P. Collinson, The Telegraph, April 2018.
*** “UK inflation falls to lowest in a year” BBC Business News.