Skip to content

Swift Mortgages & Finance

Swift Mortgages & Finance & Equity Release & Financial Planning

Office: 01525 309300 | Mobile: 07903 302895
heide@swift-mortgages.com
Swift Mortgages & Finance · 3A Station Square · Flitwick · Bedfordshire · MK45 1DP

Menu

MENUMENU

Home
Mortgages
Insurance and Protection
Equity Release
Partner Services
Forms Download
Testimonials

edit3T3A3461

edit3T3A3461

← Previous
Next →

Let US call YOU:

By submitting this data, you are agreeing to receive a telephone call to discuss your mortgage & finance requirements

Mortgage News Daily

Mortgage Rates Recover After Downbeat Data
Claims Data Completely Erases At Least One Day of Higher Rate Expectations
Jobless Claims Stoke The Rally Fires For Bonds

By clicking on one of these links you are departing from the regulatory site of Swift Mortgages & Finance. Neither Swift Mortgages & Finance nor Quilter Financial Planning Ltd is responsible for the accuracy of the information contained within the linked site.

Brits unaware of benefits of remortgaging

Full article...

swift.mortgages

Ladies and gents. Interest rates are changing.

Ladies and gents.

Interest rates are changing.

I’ve had so many lenders telling me their rates are increasing today.

I’m trying to log on (yes: just log onto the system!!) to try and secure a rate for a client today.

I suspect this is not going to happen before the rate is pulled, given how many people are in the queue.

So the rate available to the client 2 days ago is likely to be lost FOREVER 😭

Please don’t sit on making a decision.

It’s unlikely to be of benefit to you in the current climate.

Bye for now….. I may be gone some time 😵‍💫

#interest #interestrates #changes #increases #increasing #longwait #queue #swiftmortgages #swiftmortgagesandfinance #swiftfinancialplanning

#TopTipTuesday A “redemption statement” is so

#TopTipTuesday

A “redemption statement” is something your conveyancer (property solicitor) will request from your existing mortgage lender.

The figure specified by the lender in the redemption statement is the balance of your mortgage at the time it (the mortgage) is going to be redeemed (repaid in full).

A redemption statement will be requested if you're:

• Re-mortgaging to a new lender but staying in the same property

• Purchasing a new property and taking out a new mortgage

It’s an exact figure, based on redemption of the mortgage on a specific date (usually the completion date) and includes the remaining mortgage balance, any early repayment penalties (if applicable) and any administration fees to close the mortgage.

It takes account of any scheduled mortgage payments you will make before the redemption date.

If your existing fixed term ends over the course of a weekened or bank holiday, the redemption figure is likely to be based on the next working day after the end of your fixed term.

Which means you may pay extra interest for a few days.

It’s really important you don’t stop any mortgage payments in advance of the completion date or it may be that your mortgage balance is higher than it should be at the time of completion.

If that’s the case, your new mortgage funds may not be enough to cover the existing balance (if you’re re-mortgaging). Or, if you’re moving, you may end up with less equity to use as a deposit for the new purchase.

Not only that, if you stop the direct debit, you may also end up with a late or missed payment showing on your credit report.

In my experience, if you pay too much or make an extra payment you can claim it back.

But, if you miss a payment, you can’t necessarily stop the fall-out which may occur due to missing a payment on your mortgage.

Stop your direct debit when you know the mortgage has completed and your safely with your new lender.

Have a great Tuesday! x

#Tuesday #Tips #Mortgage #Beware #Redemption #SwiftMortgages #SwiftMortgagesandFinance #SwiftFinancialPlanning

Good morning! Happy Monday and have a great week

Good morning!

Happy Monday and have a great week x

#monday #coffee #goodmorning #hello #newweek #swiftmortgages #swiftmortgagesandfinance #swiftfinancialplanning

A #VouchedFor review left for me in June, by a fir

A #VouchedFor review left for me in June, by a first time buyer, who will hopefully find themselves on the property ladder very soon.

Fingers crossed!

#review #client #feedback #thankyou #learning #reviewing #SwiftMortgages #SwiftMortgagesandFinance #swiftfinancialplanning

Good morning! Thank you and welcome to our new f

Good morning!

Thank you and welcome to our new followers this week.

Have a great weekend, wherever you are and whatever you’re doing ⚽️ 👏

X

#weekend #saturday #weekending #facupfinal #finalday #football #goodluck #swiftmortgages #swiftmortgagesandfinance #swiftfinancialplanning

After a #liquidlunch ( #puddinginamug 😂☕️),

After a #liquidlunch ( #puddinginamug 😂☕️), I’m ready to take on the #weekend

#happyFriday

#swiftmortgages #swiftmortgagesandfinance #swiftfinancialplanning #weekending #coffee #mocha #oatmilk

Load More… Follow on Instagram

About Heide
Articles of Interest
Blog Archive
Frequently Asked Questions
Privacy Policy
Top Tip Tuesday
Friday Fact Library
Photo Gallery
Charity of the Year
Latest News from Quilter

We’d love to hear from you so to tag us in social media, please use #SwiftMortgages and/or #SwiftMortgagesandFinance

Copyright © 2023 Swift Mortgages & Finance. Website by Intrada Digital.

Swift Mortgages & Finance is a trading style of Heide Swift who is an appointed representative of Quilter Financial Services Ltd and Quilter Mortgage Planning Ltd which are authorised and regulated by the Financial Conduct Authority.

Swift Mortgages & Finance correspondence address is 3A Station Square, Flitwick, Bedfordshire, MK45 1DP

This website uses cookies. By continuing to browse the site, you are agreeing to our use of cookies: FIND OUT MORE ACCEPT

Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

SAVE & ACCEPT

×

Hello!

Click on my Avatar below to chat on WhatsApp

Mortgage & Protection Advisor Heide Swift

Call me on 07903302895 |

× Chat on WhatsApp?