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Protect your family and your lifestyle in case of the unexpected

Mortgages

Looking to move home or reduce your current mortgage outlay?

Retirement Planning

We can help you plan by ensuring you have the best pension scheme possible now and at retirement

Investments

With so many choices, leave it to us to help make your money work harder for you.

Commercial

We can support your business development plans with advice on growth, restructure and commercial lending

Your home may be repossessed if you do not keep up repayments on your mortgage

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

What does the interest rate slash mean for you?

The BoE’s aim was to shore up the economy. Lower interest rates help this goal by encouraging consumers to spend and invest, but make saving less attractive. But what does the change mean for you?

The financial winners

People on certain types of mortgages, primarily tracker rate and variable rate mortgages, will benefit from lower interest rates. This is because each monthly payment varies in line with the BoE base rate. Those looking to remortgage will also feel the financial benefits. It is likely that new fixed-rate mortgage products will see their rates decrease, meaning that it could be a good time to remortgage.

The financial losers

While it may be beneficial for some to remortgage, other groups may struggle to find a deal. This is because, since the interest rate cuts were announced, lenders have pulled over 2,000 products off the market6 due to their perceived level of risk in the current climate – many of them catering to first-time buyers or those with small deposits.

Savers, who have struggled against low rates for many years now, face even grimmer prospects. Those saving for deposits or looking to build up their nest eggs face a much slower journey towards their goal.

6Moneyfacts, 2020

Essentially Mortgages Q2 2020

The service at Cosgrove Brown really has been first class. Not only was Dan, the Mortgage Broker friendly and relaxed, nothing was too much trouble for him. He seemed to go above and beyond in helping where he could. He really took a lot of pressure off me in what couldve been a really stressful time. I would 100% recommend Cosgrove Brown, the service was exceptional and really good value for money too.

H McGillivray, February 2020

Wanted to say thank you so much for all your mortgage help and advice over the past few months, you've been brilliant!

Dr Brazier, Liverpool, Sept.2016

My mortgage needs were not simple to deal with, but Dan’s knowledge and experience really shone through. He was professional in his dealings with me and explained everything to me in a clear and concise way, ensuring I fully understood the mortgage product I purchased.

P Davies,September 2019

It was so nice to find someone who was happy to listen to all of my questions and concerns before we agreed on a plan of action.

Christine, Swansea

The company is first class, discriminating, intelligent, utterly trustworthy and dependable

Maurice, Swansea, March 2017

Dan cut through the jargon and was always there to respond to my questions; his work has helped my dream of buying a house come true.

S & K Jones, Swansea

Daniel went above and beyond to help us with our first mortgage. He explained the mortgage, its rates and terms very clearly, he was extremely patient and professional, we would highly recommend him.

Fi Davies, August 2018

My critical illness policy covers everything I need and took into account my lifestyle and income - thank you!.

Teresa, Llanelli

I had the best possible products tailored for me. I appreciate how much time you have saved me.

Karen, London

Daniel never let up and his tenacity was commendable. I was kept informed of our mortgage progress at every stage.

Louise, Swansea

Straight forward information and easy to follow progress, being able to see everything via the Old Mutual portal is excellent. Stress free from start to finish and such a good feeling about who is best at looking after my financial future.

Phil Harmer, April 2017

Get all of your questions answered by our experts - call us or complete our online enquiry form to arrange your meeting. The first meeting is at our expense and without any obligation

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