Monthly reports for our clients
Do you ever wonder what your property’s value is right now? And are you getting the best from your current mortgage deal?
The good news is that we produce monthly reports for our clients that answer these questions! They receive emails telling them about the hundreds of products we’ve compared in the past 30 days. This helps ensure our clients are getting the best deal.
And we also let them know the current value of their home as well their current mortgage balance and their equity. This gives our clients peace of mind and fully aware of their current situation.
And if you are not a client, we can now help you find out your home’s value. Just click this link to find out your property’s value. Although it is recommended to request a survey if you’re buying or selling.
Why do we send monthly reports to our clients?
Nothing in life stays the same and that’s certainly the case for your home. You may be considering upsizing, downsizing or planning ahead. Visiting a site such as Zoopla might be your first port of call, but such sites only track the sale prices of the most recently sold properties in your street.
Using an automated valuation model, our monthly reports track a variety of factors so we can assess whether your current deal is the best for you.
Knowing your property’s value can help you make decisions about future selling or buying plans. We also want our clients to know whether their current mortgage is the right for them. Our algorithms monitor early repayment fees, interest rates and property value and then checks it against current deals from lenders.
In some cases, remortgaging might lead to a better deal. But if your deal is right, then we’ll let you know.
We do this because we want our clients to know that we’re always working for them. We don’t just wait for the current deal to end to get in touch!
What’s in monthly reports for our clients?
When our clients receive their monthly report it outlines:
- The value
- Their outstanding balance
- Current equity value
- Their loan to value rate
- How many checks we’ve made over the month
This is what we do each month:
- Property Value: Our mortgage monitor algorithms work out the current value of your property as and when it changes.
- Outstanding Balance: As you pay your mortgage, your equity usually increases. This means that as you make your monthly payments, you could qualify for a cheaper deal. The outstanding balance is shown in our monthly reports and this helps show whether your current deal is the best for you.
- Other Factors: Everything from local redevelopment, your employment and your age affects your mortgage. We use all this data when searching for mortgage savings. Our automated system carries out hundreds of thousands of checks each month!
- Comparing the Market: We check your current mortgage deal against the whole of the market. Usually, we’re checking dozens of deals each month to test whether a new deal is better for you.
What to do next
If you’re a client, you should already be receiving monthly reports. Should that not be the case, contact us today. Anyone who isn’t a client can use our link above to find out their value. Or contact our team today to explain how we help our clients get the best deal.