Mortgage prisoners who need the best remortgage deals contact Deal Direct.
Deal Direct are helping 'mortgage prisoners' achieve lenders best remortgage deals.
According to the Financial Services Consumer Panel, mortgage holders left on lenders high SVRs are in need of protection. The FSA proposed rules to restrict riskier lending, could leave some home-owners as prisoners within their present deal.
The mortgage review has been proposed in an effort to prevent pre-credit crisis mistakes happening again. Previously high street banks and building societies neglected to properly review potential mortgage borrowers circumstances which has left many facing unaffordable payments.
A 'mortgage prisoner' has been described by the FSCP as a home-owner who took out a 100% mortgage prior to the credit crisis. The vulnerability of such mortgage borrowers was highlighted when a number of lenders raised their SVRs.
Deal Direct understand the plight of home-owners currently sitting on a uncompetitive rate. Our advisers have therefore been working hard to source lenders best remortgage deals for a product switch.
It is regrettable that due to a tightening of mortgage criteria lenders are restricting their mortgage availability. However if there is a more competitive deal on offer for you to switch to we will find it.
For the best remortgage deals on offer call Deal Direct.
Our skilled advisers will source you a more competitive product to switch to.
