Fixed rate remortgage offers get cheaper.
If you are currently looking for a competitive fixed rate remortgage then you will find there are plenty of cheap deals to chose from.
This summer home-owners looking to switch deals will benefit as remortgage rates are being cut by lenders keen to attract new business.
Remortgage rates are getting cheaper and fixed rates in particular are getting more competitive as lenders funding costs reduce.
If you are looking to reduce your monthly outgoings or unlock equity in your home contact a Deal Direct mortgage adviser.
Home-owners were warned at the start of the summer to tighten their belts as rates were going to rise, but with falling Libor and swaps and the release of cheaper funding for the BoE this has not happened. Rates have in fact dropped and competitive longer term fixed rates are on offer.
A fixed rate remortgage is now available through National Counties BS fixed for a 10 year term for up to 75% loan to value at 4.59%. A 10 year fix is also on offer for 80% loan to value from the Leeds BS at 4.99%.
A longer term fixed remortgage can offer peace of mind but what if you decide to move before the end of the agreed mortgage term?
To avoid any potential problem which could arise through accepting a long term deal you are advised to choose a product that either has no early redemption charge or one that can be ported to your new home.
Deal Direct have access to lenders cheapest fixed rate remortgage deals. Call one of advisers now for an up to date free mortgage market comparison. Let us find you a new mortgage offer to beat your current lender's deal.
Contact Deal Direct today.
