According to research published by The Co-Operative Bank Mortgages, the number of people making overpayments on their mortgages has increased by 50% in the past year alone. This is in part due to the cuts in base rate, however, almost one in ten of those people are hoping  to secure a better mortgage deal by increasing the amount of equity in their home.

We at Step-Up-Finance have actively encouraged this behaviour for several years and it`s good to see those clients reaping the rewards, especially when there is so much bad news around.

Step-Up-Finance enters into dialogue with lenders on a daily basis and although mortgage product availability has fallen from a high of 30+ Thousand to an approximate 3,000 (a massive 90% drop) we are still able to accomodate many of our clients on this beneficial approach.