SWITCHING HELPED US SAVE £650

David and Shaneene Reid were left paying an eye-watering 5.3% as they were moved on to their lender’s standard variable rate when their fixed-term deal ended.

The couple, both in their thirties and with two small children, bought a fourbedroom Victorian townhouse outside London in Basingstoke, Hants, so they could get more for their money.

They knew they needed to remortgage to a better deal but had become selfemployed and were advised they would need to build up more monthly payslips to be considered for an application.

David then took on a fulltime job at a marketing agency and he contacted Habito to see if he could get a better deal.

They managed to help him find a fixed-rate loan at just 1.2% – and that saved the couple a hefty £650 a month.

With this saving they could finally afford the home improvements they wanted. David says: “The saving took a huge weight off our shoulders.

“It gave us options to make the changes we had always planned.

“We can now make our house a home, starting with renovating the bathroom.

“The money has given us the freedom to really put our stamp on the place. For example we can now go shopping for a dining table, rather than think about how many months it will take for us to afford it.

“We can now achieve the full potential of the house and create a great family home.”