Choosing to remortgage – is now the time to get a great deal?
If you are coming to the end of an existing deal, have you started looking at your remortgage options?
If you haven't already considered remortgaging, now is the time to think about it carefully.
It is likely that your mortgage is your single largest monthly outgoing, and with this in mind it is vital to be on the cheapest rate you can.
Remortgage rates are currently still at historic lows. And by taking out a cheaper deal with a new lender you could considerably shrink your repayments.
With utility bills rising it makes sense to review everything you pay out to find cheaper options, and this includes your mortgage.
Mortgage rates are currently set at under 1.5% for a 2 year fix. If you have a 40% deposit you will have access to the cheapest rates on offer. However even if your deposit does not reach 40%, there are more and more great deals on offer at lower deposit levels.
A thorough search of the remortgage market through Deal Direct offers you a chance to switch to a cheaper mortgage. Why pay back more on your home than you have to, when you could switch to a lower rate deal?
For a full market review and the most competitive mortgage for your circumstance, call an adviser 0800 048 8828.
For a low rate remortgage quote,
contact Deal Direct on 0800 048 8828.
