The benefit of switching to a fixed rate remortgage.
You should seriously consider moving to a fixed rate remortgage, if you are a home-owner coming to the end of an existing mortgage term.
Reports show many home-owners move onto lenders' SVRs without bothering to search the market for a better deal. While standard variable rates were competitive, doing nothing and letting your lender switch you to a SVR was fine. However since fixed rate remortgages have dramatically fallen in cost this no longer makes sense.
Why move onto an SVR at 4% and above, when cheap fixed rate remortgages are available to save you money?
If you are concerned about the complexity and time involved in looking for a new mortgage you are not alone. Many home-owners have never remortgaged either, it is quite shocking to think a large percentage of mortgage-holders are on rates far higher and they need to be.
Deal Direct are dedicated to finding new and more affordable fixed rate remortgages, for home-owners sitting on expensive SVRs.
We are here to save you money so call 0800 048 8828 today.
Currently not only are SVRs uncompetitive against the wider market, rates are also arbitrarily set by lenders who can increase them at any time.
A standard variable rate mortgage is therefore a far riskier product. You must remember lenders' control this rate, and while the Bank rate has remained constant for the past 4 years SVRs have not.
Lenders rates have risen, and often for no good reason at all. Why take the risk your rate could rise, when you can get a cheaper mortgage for terms as short as 2 years to as long as 10?
One example of this is a new Halifax 2 year fixed rate mortgage currently available to home-owners at 1.94%. This is a market leading rate and an 'exclusive' product only offered through certain channels such as Deal Direct. By contacting one of our advisers on 0800 048 8828 you can review our remortgage 'exclusives' and find a new low rate deal.
Whatever kind of mortgage you are looking for contact Deal Direct and let us beat your currently lender's offer.
Deal Direct can save you money - call today for a quote.
0800 048 8828
