Lenders offer remortgage deals with many different benefits.

The main reason to look for remortgage deals is to save money by reducing your monthly payments or getting better terms to reduce costs.

Whilst there are many competitive rates in the market this is not the full picture. Some lenders are offering additional incentives to make remortgaging even more attractive, for more details contact Deal Direct.

With an estimated million borrowers directly affected by the recent standard variable rates rises, the remortgaging market is a competitive one. Professional advice from Deal Direct as a whole of market broker, can get you ahead in securing the best deals available which includes any special offers.

Amid recent reports of escalating fees some lenders are cutting their product fees for specific deals. For example Nationwide have reduced fees by 50% on their 5yr fixed rate for new mortgages, remortgages and first time buyers. They are also offering to pay standard legal and valuation fees for remortgage deals.

Santander are offering a free standard valuation and help with standard legal fees with some remortgage products. However there are restrictions and you would need to pay back legal fees if you move and pay off your mortgage within the first two years. Lloyds TSB are also offering free legal work on a standard remortgage and no property valuation fee for mortgages up to £1 million.

At Deal Direct we are constantly updating our information with the latest offers from lenders. Our experienced advisers can offer advice on which type of product may suit your individual situation and the source the best remortgage deals in the market.