Members’ Spotlight – Kevin Stead
Mortgage adviser Kevin Stead shared his insights on the complex economic landscape in our meeting today. Taking us through inflationary pressures and subsequent Bank of England’s response, which has led to a very challenging situation for homeowners in deciding the best mortgage deals.
Kev explained the decisions people need to take between fixing or not fixing rates has become extremely challenging due to fluctuating swap rates and predictions of a potential rise in interest rates. He urged attendees not to ‘stick their heads in the sand’ and act proactively in their financial decisions, given the uncertain economic outlook. If your current mortgage rate is about to finish, give Kev a call on how he can help.
We also had 9 referrals from member in the group and generated £13,800 worth of business over the last week for our members with 19 members in attendance and 2 potential members who are interested in joining.