Save money by remortgaging to a lower rate.
Remortgaging now could represent an unmissable opportunity for you to save money.
First time buyers are not the only ones who are benefiting from the low mortgage rates available right now. Those of you in the market to remortgage could see a big financial boost every month by moving to a lower mortgage rate. Working with specialist remortgage broker, Deal Direct, means that these savings may be easier to make than you thought.
Why is NOW such a good time?
The cut in the base rate has seen lenders axing mortgage rates across their product ranges. The record-low mortgage rates available now offer the potential for you to change to one much lower.
Combine this with the steady increase in house prices and remortgaging could mean you see the benefit in your bank account every month.
You could benefit from remortgaging if, for example, you want to stay in the property you are in now and pay less on a monthly basis. It could also be of interest if you want to release equity from your property whilst at the same time switching to a lower rate.
Ask yourself these three questions:
- Are you about to come to the end of your current fixed-term deal?
- Are you planning to move onto your lender’s higher rate SVR when your fixed term ends?
- Have you already moved onto your lender’s SVR?
If you have answered yes to any of the above, contact Deal Direct for further advice and a no-obligation quote.
Speak to an advisor now on 0800 048 8828.
