Call Deal Direct for re-mortgaging advice - we can help you save money.
According to a recent survey, requests for re-mortgaging advice are reaching an unprecedented level as home owners hit by rising standard variable rates look for better deals.
Recent reports suggest that nearly 40% of the requests for mortgage advice in March 2012 were for properties that are being re-mortgaged. This compares to just over 30% for the same time last year. The trend reflects concerns over the introduction of much tighter lending criteria with many home owners trying to switch to better rates before it becomes more difficult to change deals.
The Financial Services Consumer Panel has warned that it could be more difficult for anyone re-mortgaging once new FSA rules are in place. The new rules are expected to affect over 11 million home owners with interest only mortgages and a million more affected by recent increases in lenders standard variable rates.
Our experienced advisers at Deal Direct will recommend the best deals available and give you advice on what you need to consider when you re-mortgage, including details of your existing mortgage such as redemption charges from your existing lender.
If you are concerned about rising rates or new lending criteria call us at Deal Direct. We can give you re-mortgaging advice with benefit of information from the wide mortgage market to ensure you get the best deals available. Call us to speak to one of our advisers or fill in our online enquiry form.
