Check the fees on the best remortgage deals.
Many of the best remortgage deals grab peoples attention with headline low interest rates.
Some maybe outstanding deals, but not all of the remortgages on offer are the best financial option. Despite offering good rates of interest they can have quite a sting in the tail with the addition of fees.
Many of the associated fees and legal work involved when swapping from your current mortgage can amount to quite a large amount. If you have been looking for the best remortgage deals and would like guidance on how to ensure you find yourself a competitive mortgage contact us at Deal Direct.
We are whole of the mortgage market advisers and are adept at sourcing the most financially viable remortgage products that suit your circumstances.
At Deal Direct we look at the whole package of fees and costs that come with the remortgage offer and not just the rate.
The main fees you may find yourself paying to set up your remortgage are given a variety of names by lenders. So a booking fee, completion fee and the administration or arrangement fee are all terms used to set up your deal. It is important that you try to avoid adding these to your loan as you will pay interest on them over your entire remortgage term.
For more information on remortgage fees and how they work and to find the best remortgage deals to suit your needs, we recommend you contact Deal Direct.
Call a Deal Direct adviser today.
