By Enzo Mora, founder and CEO at The Mortgage Brain 

It's been an incredibly busy year in the world of buying and selling homes, largely driven by the lifting of lockdown, the Stamp Duty holiday and cheap mortgages.

Many borrowers are now used to low interest rates and in fact, according to Zoopla, more than 80 per cent of mortgages are on fixed rates, many with a term of five years or more, so there will be no change to mortgage repayments until the fixed period comes to an end.

While many high street lenders have started to raise their interest rates after rumours of a Bank of England base rate change, our fully qualified mortgage experts can still access great money-saving deals that are exclusively available to us.

If you're not on a fixed rate mortgage, now could be the time to secure one. Zoopla's data shows that the average value of a home has risen by nearly £50,000 over the last five years.

The more equity you have, the better loan to value (LTV) rate you will be able to get and, overall, mortgage rates are still pretty reasonable compared to what homeowners paid in the past. As an added reassurance borrowers need to meet a "stress test" that they can afford a mortgage rate of up to 10.5 per cent.

No one likes to be surprised with an unexpected rise in monthly outgoings so we automatically remind our customers when their deals are coming to an end, giving them plenty of time to look at the alternatives we can find to suit their individual circumstances. And in many cases, we can save them money.

I'm asked a lot about where interest rates are going and if mortgages will get more expensive. No one, least of all me has a crystal ball to see what might happen, but at The Mortgage Brain we're here to help you make an informed decision when it comes to your finances and find you a highly competitive deal. We can't see a better future than that.

To find out more about The Mortgage Brain, visit www.themortgagebrain.net or call 0333 340 8888.