You’re in Safe Hands…

Mortgage and Protection advisors Safe Hands have moved to Mamhilad Park Estate – for the second time – and have got some interesting advice for borrowers as the mortgage market starts to show signs of stabilising.

Established by Director Michael Beacham in 2016, Safe Hands Mortgages and Protection works with both residential and commercial clients. Michael is supported by co-Director Natasha Cooke and advisor Louisa Lewis. All three are regulated by the Financial Conduct Authority and hold the Certificate in Mortgage Advice and Practice (CeMAP).

Michael said: “I don’t think we’ll ever see the property market return to the boom conditions during the Covid pandemic, but mortgage rates are certainly stabilising now with interest rates dropping slightly in the last few weeks.

“Our advice to first time buyers is to start the conversation early, before you start looking, so that you understand all the options available to you. Will you be accepted? How much could clients borrow and how much it will cost per month? The sooner you do this the better. For those looking to re-mortgage later in the year, now is a good time to lock in rates, in case we see more interest rate rises later in the year. You can always change if interest rates come down.

“We are also arranging borrowing for home owners who want to raise funds to finance home improvements. At present, plenty of people would rather invest in an extension or a refurbishment than move house.  There are lenders offering attractive deals for those with significant equity.

“Whatever your situation, we are here and always happy to have a chat and offer advice on what is best for your particular circumstances.”

Visit www.safehandsmortgages.co.uk to find out more or send a message on Facebook or Instagram.