This topic spans many areas of domestic expenditure and is of concern to us all. Our prime concern, in all the help and advice we give our clients, is focused upon cutting your costs but without sacrificing quality or security.

The area where the greatest savings can be made is, unsurprisingly, where all of us have our greatest financial comittment - our mortgage. So many people are paying more for their mortgage than they need to. Here is simple example to illustrate a very important point:-

Assume a typical mortgage of £100,000 over a term of 25 years. If that mortgage is on the Lenders' Standard Variable Rate (SVR), it is usually possible to save a minimum of 1% per annum and frequently 1.5% or more. Switching onto a lower interest rate and managing that process over the entire mortgage term, could result in savings of £1,000 to £1,500 each year. This is a staggering £25,000 to £37,500 saving on the total cost of your mortgage! Think of it this way, that £175,000 house is offered to you for £150,000 or even £137,500 - interested?

All of this is very achievable. With professional guidance from our specialist mortgage advisers, we can help you to secure these savings, and much more.

It is also possible to make very worthwhile savings in other areas:-

Many people are paying more than they need to for their Mortgage Protection, often having the wrong type of cover for their needs and circumstances and paying too much for it as well! As with Mortgages, getting unbiased, independent advice is essential to ensure you have the right type and quality of protection at the lowest practical cost.

There is a great deal of confusion with product names, for example; Mortgage Payment Protection Insurance (MPPI), Accident Sickness and Unemployment cover (ASU), Income Protection Plans (IPP), Permanent Health Insurance (PHI). All these names refer to products that, basically, do the same thing but in a different way. Each has their place but which is right for you?

Home Insurance (Buildings & Contents cover) also comes in many different formats. Most of us try to find the cheapest premium, as we tend to do with car insurance BUT is cheapest best? Usually not, as with most things, you tend to get what you pay for.

The list of areas where Professional Independent Advice can save you time, cost and possible hardship, is extensive. We are members of a large group of Independent Financial Advisers (IFAs) with a large number of highly qualified and experienced Specialist Advisers who can help you. Please complete one of our enquiry forms and we will contact you to determine how we can assist you to start saving money.

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Shire Financial Management (Independent Mortgage Advisers) LLP is authorised and regulated by the Financial Services Authority number 301835. You can check this on the FSA's Register by clicking here and inserting our FSA number 301835. Buy to let mortgages and secured loans are not currently regulated by the FSA. For full details on any schemes or products shown or referred to, please call one of our advisors on 0845 459 8801. Actual rates available will depend upon your circumstances. Please ask for a personalised illustration