Local Connells mortgage services consultant, Nicholas Tomkins, based at the Winchester branch, is urging anyone who is thinking about taking out a mortgage to buy a home, or home owners looking to remortgage, not to get bogged down by mixed messages on interest rates. He invites them instead to come in to discuss their options with one of Connells mortgage consultants.

According to Nicholas, continued speculation about when the Bank of England base rate will rise is causing anxiety about the increasing cost of borrowing when many banks and building societies are still offering very competitive, long-term interest rates on mortgages.

“With so much media coverage of when the base rate is likely to rise, home buyers could be forgiven for assuming that the cost of borrowing is going up when in many cases, mortgage lenders have cut their rates due to fierce competition in the market,” says Nicholas.

“We want to help buyers and those hoping to improve their current mortgage arrangements to take advantage of lower interest rates. Once you see through the media smokescreen, it’s clear now is a good time to secure a very attractive rate on a mortgage.”

Connells is urging anyone who is buying a home or remortgaging that now may be the time to cash in on some very attractive mortgage rates, before the base rate rises which is expected to happen next year.

If you would like to book an appointment with a Connells mortgage services consultant, contact the branch on 01962 864444 or email: Winchester@connells.co.uk