With low remortgage rates, now is the time to apply.
According to market analysts, the number of borrowers applying for a remortgage could be reducing.
Recent months have seen a surge in the total of remortgages approved, as borrowers hurry to take advantage of the all-time low rates on offer. Many lenders have responded by reviewing their packages to capitalise on the increase in interest and offer new and even more attractive deals.
However, figures released in February point to the number of remortgage approvals dropping by approximately 10%, when compared to the previous winter months. This does not necessarily mean the number of remortgage packages available will decrease, though.
If you are thinking of a remortgage for your home, now could be the best time to apply as rates continue to be very low, plus there is a wide range of product to choose from.
Deal Direct is an independent mortgage broker who work with lenders across the whole of the market. With over a decade’s experience in the mortgage industry, we have built many strong relationships, not just with mainstream lenders, but with specialists too. Some of these specialist lenders consider the broker the application has come through to be just as important as the application itself.
The influence we have means that seeking a remortgage with our help could put you in a more advantageous position when it comes to securing its approval.
Take advantage of the great remortgage offers available today with Deal Direct.