June Newsletter
Welcome to our June Newsletter. It’s been a busy couple of months at Mc Daid Mortgages and we’ve loved helping so many new people with their first mortgage. We’ve also managed to alleviate a lot of concerns for existing customers who were worried about rising interest rates. We’re actively contacting people to arrange appointments earlier, so we can look at options for remortgaging before rate changes take place. If you would like a chat about your mortgage needs, please don’t hesitate to get in touch. Interest rates rising is always concerning for people – it means, typically, monthly mortgage repayments will rise too. Please remember we’re here to help you, your friends and family to discuss options and find solutions that will meet your budget. If you have any mortgage or protection queries, please don’t hesitate to get in touch. We’ve also launched our own YouTube channel! We’ll have more videos coming soon, but you can watch our First Time Buyer interview here: https://www.youtube.com/@McDaidMortgages1996  Confused By Insurance Jargon? One of the biggest challenges when it comes to our finances can be the terminology involved, which often feels like a language unto itself! It can feel both confusing and overwhelming, even if you’re a skilled communicator in other areas, specialist protection jargon can leave you feeling lost. A study has revealed that seven in ten UK adults are puzzled by financial jargon. Phoebe Barter from Aviva, commented on the findings, “We understand that financial matters can be puzzling and our research highlights exactly this. It’s easy to stick our heads in the sand and ignore something we find complex and confusing. But we also know that when things are resolved and clear, it’s a huge weight off our minds.” Crystal clear Ultimately, it’s important to remember that financial jargon is a tool for communicating complex concepts and ideas. The last thing we want is for you to disengage entirely and not address the requirement for protection insurance in your life. We can explain everything you need to know in plain English, enabling you to truly connect with this vital area of your insurance requirements.It’s our responsibility to make sure you understand exactly what each protection policy offers and detail the benefits. You should never be left confused by our advice, so if you’re ever unsure please ask us to explain it. As with all insurance policies, conditions and exclusions will apply. Can we help your friends or family? Most people we’re speaking to are worried about the cost of living crisis. If you have friends or family that need mortgage advice, we would be delighted to help.  pat@mcdaidmortgages.co.uk 07968 155 176  ryan@mcdaidmortgages.co.uk 07746973929  damien@mcdaidmortgages.co.uk 07810 001750  patrick@mcdaidmortgages.co.uk 07715255908 Savvy Savers – Best Savings Rate  We always have our eye on the best savings rates on the market. It’s not a service we offer directly, but thought you may be interested to know. Nationwide’s FlexDirect account is offering 5% AER interest fixed for a year on up to £1,500. You need to pay in £1,000+ every month and if you’ve had this account before you won’t qualify. The 5% lasts for 12 months, then it reverts to 0.25% so you may want to look elsewhere after a year. However for new customers you could receive £75 over the 12 months and you can access your money at any time. You can learn more on Nationwide’s website:https://www.nationwide.co.uk/current-accounts/flexdirect/ If you have queries about savings, investments or pensions, we partner with specialist advisers that we can introduce you to. Please let us know if you would like more information. Would you like to leave us a review? We’re actively asking people to leave a review of our service on Google. We would love to hear your feedback on our support. You can click the link below to leave us a review on Google. Leave Us A Review  |
| Your property may be repossessed if you do not keep up repayments on your mortgage. As with all insurance policies, conditions and exclusions will apply. You may have an early repayment charge to your existing lender if you remortgage. Not all Buy To Let Mortgages are regulated by the Financial Conduct Authority. |
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