Welcome to our Quarterly Magazine

WELCOME TO the Winter 2023 quarterly issue of The Mortgage & Property Magazine from The Surrey Mortgage Broker.

There are numerous reasons why you might want to remortgage your home and switch to a new mortgage deal. As we start a new year, the continuing prospect of further rising borrowing costs means many anxious homeowners will be eager to secure a new deal before their current one expires. On page 24 we consider the numerous reasons to consider a remortgage.

Maybe your current mortgage term is coming to an end. You may want to increase your borrowing to release equity for a major purchase or expense. You might be moving home and want to borrow more. Or have a home improvement project you need to fund, or want to pay for measures to improve your home’s energy efficiency, pay for school fees or debts you want to consolidate.

On page 62 we look at a new report that has found estate agents are poised to play an important part in increasing awareness
and understanding among buyers of home energy efficiency, as demand for green homes increases. The research found that there is a distinct growing interest among home buyers for energy- efficient properties, with 85% of estate agents reporting increased demand in the past twelve months.

Getting a mortgage is one of the biggest financial decisions you’ll make, so it’s important to get it right. Using a professional mortgage adviser will ensure you receive knowledgeable and professional advice for your mortgage needs. Our advisers provide expert advice and support throughout the entire process, from initial assessment through to completion of the mortgage loan agreement, helping to make sure that your specific requirements are met. Turn to page 16 to read the five reasons why you should speak to our professional mortgage advisers.

The UK mortgage sector is expected to experience significant changes in 2023. While interest rates are still fairly low by historic standards, they are the highest they’ve been in a decade and are set to rise further. This will put further pressure on already strained finances and will have a knock-on effect on demand for most forms of mortgage lending this year. Read the full article on page 14.

We hope you enjoy our winter issue. A complete list of the articles appears on pages 03 to 05. Whether you are looking to purchase your first home, move home or thinking about remortgaging, we can help find a mortgage that makes the process smooth and straightforward from start to finish. Please contact us if you would like to know more.

Richard Bousfield, The Surrey Mortgage Broker

Download HERE