If you are thinking about saving for a rainy day, there are a number of options available to you. Depending on what is important to you will determine which saving option you take. For example, how long you can tie your cash up for, how quickly you are likely to need access to it, and whether you pay tax.

When you come to the end of the special deal period on your mortgage, its worthwhile looking to the market to see what else is currently on offer. Many lenders are keen to attract new borrowers with a large amount of equity in their homes, and who are able to demonstrate a good payment history.