Time to think about your next mortgage

If your mortgage deal is coming to an end, now is the time to review your options. Over the past couple of years, many borrowers fixed for two years when rates were at their peak. The good news is that today’s rates are often more competitive than the ones you’re leaving behind.

That said, uncertainty remains. Inflation has been edging higher again, and while the Bank of England has started to cut rates, nobody knows how far or fast they will go. This makes your next mortgage decision an important one.

Why it matters for vets

As a veterinary professional, you may have a more complex income profile. Whether you are self-employed, a practice owner, or combining different income streams, mortgage lenders will usually want to look more closely at your accounts and income history. Your business structure can also influence how a lender assesses your affordability. Having an adviser who understands these challenges can make all the difference.

Plan ahead for peace of mind

You don’t need to wait until your current deal ends to take action. You can usually secure a new mortgage offer up to six months in advance. If rates fall further before completion, in many cases your adviser can switch you to the better deal. That gives you both protection and flexibility - a win-win.

How Chase de Vere can help

As the independent financial advice partner of the British Veterinary Association, Chase de Vere has a team of mortgage specialists who understand the unique challenges facing veterinary professionals. Because we are independent, we search the whole market to find the most suitable deal for you.

Take the next step

If your mortgage deal is due to end soon - or even within the next six months - now is the time to explore your options. Taking advice early could give you more choice, more confidence, and less stress.

Book here.