With interest rates set to rise, now could be the best time to take out a new mortgage.

The Bank of England held the base rate at 0.5% earlier in February, but warned that interest rates could rise quicker than expected. If you are looking to remortgage later in the year, some lenders may give you as much as six months to take up a new rate, meaning you can start looking in advance of your current deal ending.

Mortgage lenders are advising that those looking to remortgage should take advantage of the low interest rates while they can. If you would like help choosing the right mortgage for you, take a look at our mortgage services, or get in touch with us to speak to an adviser.

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