Remortgage levels rise post Brexit.
Latest figures show that since the Brexit vote to leave the EU, as many as 63% of remortgaging home-owners have benefited from switching to significantly lower rates. In fact, over a third of home-owners are now saving as much as £200 on their monthly repayments.
According to BoE figures, apart from average 2 year fixed rates, all other average rates are lower than they were in May. Rates are now back down to record lows which is great news for borrowers. As now really is a great time to switch deals, you are advised to search the market to find yourself a lower rate offer.
If the idea of switching deals seems too much of a hassle, then call one of our advisers at Deal Direct. At the end of your fixed term we don’t advise you to automatically switch to your lenders SVR, as with rates tend to be set at over 4%. Instead let us take the stress out of looking for a new deal.
We specialising in helping mortgage-holders to remortgage and save money. Call us today and find out how much money we could save you on your home.
For no-obligation advice and a low rate quote call us today.
Deal Direct 0800 048 8828.
