Remortgage and pay less for your home.
If you are looking to reduce your costs and pay less for your home it makes sense to remortgage.
Mortgage rates are set at their lowest for a decade so there are cheap deals to be had, however be advised rates are on the up so get yourself a new deal sooner rather than later.
Several lenders have already hiked their 5 year fixes so waiting to remortgage could cost you dearly if more lenders follow suit.
If you want to move to a lower rate a call to Deal Direct could get your a cheaper mortgage. If you have enough equity in your home you could lock into a 2 year fixed rate from 1.48% or a 5 year fix from 2.89%.
If you would like to review all the market has to offer for your deposit level call 0800 048 8828. We can find you a lower rate to move to.
Why remortgage?
As well as moving from a more expensive SVR or a more risky tracker to a more secure cheaper rate deal, remortgaging could also allow you to release equity in your home.
Property prices are rising which means you could have more equity built up in your home, this can be released to fund home improvements, consolidate debts or fund a buy to let purchase.
Whatever your reason for wanting to remortgage there are plenty of competitive deals to choose from at present. However with indicators pointing to rising rates how long this remains the case has yet to be seen.
To switch to a lower rate with a new lender contact Deal Direct and let us find you a deal to reduce your monthly repayments. We can find you a mortgage with a low rate which comes free free or with incentives such as a free valuation and legal work.
Speak to us on 0800 048 8828 and find out how much we can save you on your home.