Now really is the time to remortgage!
Now is a good time to remortgage and borrow money as mortgage rates are at record lows. This situation may not last much longer and so get yourself a new deal while you still can.
If you are holding out to see if rates drop even lower, you may be taking a risk as predictions are that rates are as low as they can go and at some point lenders will start pushing pricing up.
If you are coming to the end of a fixed term you should act now and call 0800 048 8828 for an independent ‘whole of market’ review to see what deals are on offer to switch to.
With lenders' SVRs sitting are far higher levels than deals offered to remortgaging home-owners, it makes no sense not to act. Currently average 2 year mortgage rates are set at 2.87% whilst average SVRs are 4.84%. Knowing this it would be crazy to pay more for your home than you need to.
If you would like to find out what is on offer at your deposit level seek an independent ‘whole or market’ mortgage comparison from us at Deal Direct.
We have access to every lenders mortgage range which includes special rate mortgages not advertised direct to the public.
To find out how much you could save on your home by remortgaging call one of our impartial advisers today.