Great remortgage deals offered by lenders to home owners with equity.
Lenders best remortgage deals are being offered to home owners with a good level of equity in their property.
Home-owners are concerned over reports of a house price drop in 2012 as this could hinder the best remortaging prospects. Many home-owners are waiting and attempting to predict what the property market to will do before taking on a new deal, however time is ticking and a decision should be made soon.
In the last few years home-owners have watched their equity levels decline as property prices have dropped, market experts advise that they are not expecting any change to this situation in 2012.
With the real possibility of prices dropping a further 5 per cent this year, home-owners are recommended to search out the best remortgage deals before their property loses any further value.
Remortgages are predicted to become harder to get as lenders start viewing lending risk as high. This is not good news for home-owners yet to make a move and remortgage.
For those who wait too long they will experience disappointment as lenders may well withdrawn their lowest remortgage rates replacing them with not such competitive deals.
Presently the news remains positive though as lenders are still offering attractive remortgage deals, particularly to these home-owners with good levels of equity. For borrowers with a good credit score and a decent equity level, now is the time to have look around, compare lenders remortgage deals and make a move.
