Is now the time to lock in to a fix rate remortgage deal?
Mortgage rates remain at low levels and property prices are rising, making now a good time to remortgage.
Interest rates look to be a way off, but this doesn’t mean that mortgage rates will continue to fall. Right now it’s possible to lock in to a 2 year fix at rates set just over 1%, and a 5 year fix with rates set at just over 2%.
With rates as low as this you could save a lot of money on your home by remortgaging. Rates were set much higher 18 months ago, and so those coming to the end of a 2 or 5 year fixed term stand to benefit a great deal.
With increasing remortgage regulation coming into force next month, you will need professional help and advice to get yourself on to the best remortgage deal market-wide.
If you would like to find out what your refinancing options are call 08800 048 8828. Whatever your reason for remortgaging whether it’s to switch to a lower rate, or release equity to carry out home improvements or consolidate debt we can help.
We have been an online remortgage broker for over 10 years and have vast experience helping home-owners save money on their home.
If you would like to find out how we can help you, call an adviser on 0800 048 8828. We are whole-of-market which means we have access to all lenders’ mortgage ranges UK wide.
Our advice is independent and impartial, and is based on your needs and not those of any lender.
For remortgage advice and a quote,
call 0800 048 8828 today.
