Hit by a mortgage rate hike? Remortgage and vote with your feet.
The advice is to remortgage if your rate has increased to 4.0% or above and you have no early redemption clause.
Million of mortgage holders have been hit by increased mortgage rates and many are choosing to vote with their feet and switch deals. For many increased mortgage costs are putting further pressure on an already stretched house-hold budget.
It is not the case that you have to take increased rates lying down, there is a way out for some through remortgaging.
While a remortgage many not be an option for all home-owners by contacting Deal Direct 'whole of market' broker today, many should be able to switch deals and start saving money from tomorrow.
Even if you have little equity we recommend you contact one of our skilled brokers who are fully up to date on all products offered in the market. If there is an available product to switch to, our highly trained advisers will know about it.
Currently various lenders are offering remortgage products with incentives designed to lure new customers away from lenders rising SVRs. Mortgage products are on offer to help save you money, so why miss out when Deal Direct are just a phone call away.
We will search the market to find the right mortgage deal for you and will only recommend a product that we believe is in your best interest.
Call Deal Direct today and we will source a competitive remortgage to help you start saving money straight away.