These Clients were due to come off their 4.49% fixed rate with Yorkshire Bank. Their rate will increase by 5.2% and payments will be £543pcm.
What We Did
I will be re-mortgaging them away to another Lender, with no arrangement, conveyancing or surveyor fees and reducing their rate to 2.29% fixed for 5 years and this will save them £170pcm.
Therefore; the total saving will be £10,200 over the next 5 years.