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.