Yesterday's quarter percentage point increase in base rates highlights the need to obtain good independent advice when seeking a mortgage.

With many existing borrowers on fixed and discounted deals, the effect of the increase may not be immediate and many lenders are now also providing extended terms beyond 25 years in order to better spread the cost of borrowing (especially for first time buyers).

At Integra we work with Paul Belcher and Jenny Brown of RBS Associates who are independent financial advisers, regulated by the FSA and who can search the entire market to ensure that the right mortgage deal is found for each individual.

"Headline rates can be misleading due to penalty clauses, tie ins and arrangement costs and often another scheme may prove to be more financially attractive when these aspects are taken into consideration" said Paul.

For a without obligation discussion, please call Integra on 01753 480430 or email us at mortgages@integra-ps.com