Why remortgage to a fixed rate deal?
The news is lenders are once again offering fixed rate deals set at record lows. This makes now a good time to remortgage to lock into a cheap rate to offer security against an interest rate rise.
With fixed mortgage rates once again predicted to hit historic lows, now could be the right time for you to lock into a new low rate offer.
By fixing a rate you can be sure that your mortgage payments won't change until the end of the term agreed, which offers peace of mind.
In the past fixed rate mortgage security came at a premium, however this is no longer the case. Currently fixed rates offer home-owners great value, in many cases fixed rate deals are lower than variable rate deals.
You are advised to compare your lender's offer against the wider market to see if it's competitive or whether there's a cheaper rate to switch to.
By remortgaging to a fixed rate that's cheaper than the deal you are currently on, you could save on your monthly repayments. Lower monthly mortgage payments means more money is left in your pocket.
Seek remortgage advice from Deal Direct.
When remortgaging you are advised to compare all of the best deals on offer which match your financial circumstances and needs.
With literally hundreds of deals on offer market-wide, you are advised not to go it alone. By contacting an independent 'whole of market' broker you can be assured that you do not miss out on any offers.
Call one of our advisers for impartial advice and a low rate mortgage quote.
Call today on 0800 048 8828.
