Ask yourself can I remortgage to get a better deal, then call Deal Direct.
It is sensible to ask the question can I remortgage and get a better deal, especially with such a changeable market and an historically low Bank of England base rate.
According to some economists the influence of the Greek crisis and fall in gilt yields could actually help to maintain low interest rates in Britain. The Bank of England base rate has been at an all time low and is now predicted to remain at this level until well into 2016.
This is good news if you can secure a low rate tracker mortgage. Even if you are stuck with a high interest rate on a long term fixed product you could still be asking can I remortgage? Although there may be early redemption charges for some mortgages, if you can secure a much better rate then it is often worth switching to save money.
Tracker rates can be found as low as 2.19% plus base which gives a current rate of 2.69%. As with all deals this is subject to available deposit levels or equity and the lender's criteria for the loan.
If you are asking yourself can I remortgage then call Deal Direct today. We can compare your current deal with the best in the market and advise you of all the aspects you need to consider to get a better deal.
Contact Deal Direct for advice and a 'whole of market' mortgage comparison.
