Lock in your profits with RateGuard

Monday 13th February 2012

Remortgaging has become so routine that you probably don't question whether it is the best option.  You take a mortgage on a property and two years later you go back to your bank or broker to rearrange the mortgage all over again.

Just stop for a moment to think how costly that is.  Every time you remortgage you pay for a survey, a valuation, legal fees, bank fees, arrangement fees, the list goes on and on.  You didn't want any of those things, you just wanted a new fixed rate.

At MarketGuard we are changing the way the system works.  If you want a fix you should get the best one possible and at the cheapest price. RateGuard is a simple insurance policy that effectively fixes the rate of your current mortgage.  We can typically save you £000’s compared to remortgaging*. 

The policyholders who save most with RateGuard are normally the ones who have a low rate e.g. Mortgage Express.  It isn't just them though, we have many policyholders who can't remortgage because of their LTV, their credit status, because they are on an interest-only mortgage, or because their property is a HMO.

Our policyholders will tell you they like RateGuard because it locks in their profit ensuring they won't get into negative cashflow, and because it prevented them from having to go through the pain and hassle of remortgage. Read what they have to say here.

If you are thinking that RateGuard sounds great but you don't see mortgage rates rising, think again.  Even Mervyn King thinks they might, but he doesn't necessarily mean the BoE.  Banks borrow money at Libor and if that rises, as it will in a credit crunch, they will find a way to pass the cost on to you.

Don't gamble with your business, use our online calculator to compare RateGuard with the fix you have been offered and see how much you can save. Alternatively call us on 08433 770036 and quote LLT6 we will be happy to explain what we can do.

RateGuard – the cheaper way to fix your rate.

* Based on typical landlord figures