Nottingham extends its 2 year fixed 90% LTV remortgage offer at 1.99% to 2019.
The record low rates that lenders are offering today, make it an unprecedented time to remortgage.
Even though swap rates increased in August this year, signalling a potential rise in mortgage rates, the effect has not yet been seen. Lenders for the moment are continuing to adjust their rates, offer discounts and extend their product ranges.
The Nottingham is the latest to follow suit by extending the end date on its 2 year fixed rate, to March 1st 2019. The extension applies to both residential purchases and remortgages on deals for up to 90% LTV, and the rate is 1.99%. (Arrangement and booking fees apply.)
If you are looking to significantly reduce your mortgage repayments, the answer is to find a rate lower than you are currently on. As the mortgage market is experiencing historic low rates right now, this is the optimal time to switch and give yourself the best chance to save money.
Deal Direct can root out all the available remortgage options for you and make a rate comparison. We search the entire market, beyond what is available on the high street, for low rate deals that you might otherwise miss if you were searching on your own. Our team can assist you to make an informed decision in choosing the most suitable mortgage according to your requirements.
For professional remortgage advice you can rely on, choose Deal Direct.