“I have a portfolio of some thirty properties, all of them mortgaged and many of them on tracker rates. Although most of my mortgages are on low rates, I was concerned about the risk of my payments increasing suddenly given the current state of the economy and the level of financial risk that I was potentially facing. I wanted to avoid the cost and inconvenience of remortgaging so in July 2010 I decided to buy RateGuard policies. This proved to be a much more cost effective approach, and was completely affordable within my current rental yields, preserving most of my current profit. In July 2011 I bought further policies as a number of my mortgages came off their fixed rates.

The RateGuard team have been great to deal with, responding to all of my requests precisely and quickly. I would recommend RateGuard to any property owner looking for a cost effective way of managing mortgage financial risk in today’s volatile world.”

Tim Rideout