Remortgaging in 2016 - make the most of low rates while you can.
Predictions of what will happen with interest and mortgage rates in 2016 is not an exact science. Predictions are basically ‘best guesses’ by market experts and people ‘in the know’.
What we do know for a fact is at the moment remortgage rates are set low, and so if you are looking to remortgage in 2016 you are advised to start searching the market now.
With just one month to go until the New Year you should try and bag yourself a great offer to cut your costs in 2016.
The BoE is once again hinting that rates are to rise next year, which is why we are recommending that you search the market to find the most competitive deal you can.
Remember to check offers on a ‘like for like’ basis and factor in all costs and fees. It’s easy to get excited about a low headline rate only to find the offer isn’t so competitive overall when you consider the fee charged.
If you would like an independent and impartial mortgage comparison accounting for all deals market–wide, give us a call at Deal Direct.
One of our highly qualified and impartial advisers will take your call and help you to find a remortgage to save you money or release equity in 2016.