National IFA firm Continuum believes that the latest mortgages figures demonstrate the need for good financial advice

National IFA firm Continuum believes that the latest mortgages figures demonstrate the need for good financial advice when buying or remortgaging a home.

Nathan Stacey, Independent Financial Adviser at Continuum, said: “As the cost-of-living crisis continues to bite, the average two-year fixed rate has risen above 3% for the first time in over seven years, leaving many homebuyers and remortgagers with higher mortgage costs at a time when finances are already tight.

“With average rates rising, the value of getting quality independent advice when buying or remortgaging a home is higher than ever. Not only can a good mortgage specialist get access to the best rates, one experienced in wider financial advice can also help you get your financial affairs in order before applying to make sure you can achieve the most competitive rates available for your individual circumstances.

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