More remortgage advice is needed by home-owners looking to switch.
More home-owners are seeking remortgage advice to avoid rising costs, according to unbiased.co.uk.
Lenders rates as we have seen are for the most part on the up. Mortgage holders coming to the end of their fixed deals or notified of a SVR increase, are seeking remortgage advice to help them switch to a better deal.
The market is presenting a confusing picture with some lenders rates going up and others coming down, however the overall trend according to the Bank of England is for rates to increase. It recently issued a warning to mortgage-holder to beware rising rates this summer.
However despite this warning some lenders such as Barclays, the Nationwide and now Virgin Money, have confused the market by slightly reducing their rates.
Why is this? Is it because of falling swaps or the falling Libor? Or it is just to cash in on those home-owners looking switch deals due to rising rates?
Whatever the reason behind the decision for some to cuts rates, fluctuating prices make looking for a new competitive rate a complicated business.
Deal Direct are remortgage experts here to advise you on what to do. We are an independent whole of market remortgage broker dedicated to finding cheaper deals to reduce costs.
We will review your circumstances prior to offering advice and an up to date personalized mortgage market quote, we will only recommend deals we believe to be in your best interest. Contact one of our skilled adviser who will help you switch to a cheaper offer.
For independent up to date remortgage advice contact Deal Direct today.
