Mr & Mrs Jones came to Malcolm recently as they were on their mortgage lenders standard interest rate having not reviewed it for some time. After Malcolm’s hard work he obtained an offer which was accepted just 60 seconds after the application was submitted! Malcolm reduced their interest rate from 5.38% to 3.54%. Keeping their monthly repayment the same means the mortgage will be paid off within 14 years rather than the original 19 and saving them up to £37,800 – WOW!.
Mr & Mrs Jones goal is to retire at 60, their old mortgage was due to expire at 63 but they will now be mortgage free by the time they are 58 ensuring their goal of early retirement is now realistic.
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