Remortgaging sooner rather than later could prove a smart move.

Currently remortgaging is proving a very sound financial decision. Why sit on a lender's less competitive rate when there are cheap deals on offer.

Over the last three years many UK mortgage holders have forgotten the benefits of remortgaging. A periodic review of mortgage rates was once a standard thing and mortgage holders would regularly move on to a cheaper deal.

It seems that this ended when lenders rates hit an historic low. Mortgage rates over the past 3 years became so cheap and lenders SVRs so competitive, that mortgage-holders tended to stick with what they had.

During the last six months this situation has changed. Lenders SVRs have increased and interest only criteria has been tightened and so many are reconsidering their options.

 Increased rate announcements are becoming common place meaning mortgage holders are now looking for cheaper deals. Remortgage products are once again in high demand which has increased competition between lenders.

Skilled advisers at Deal Direct are committing their time to helping home-owners switch deals. Remortgaging now rather than in six months time, is likely to save you money as rates are going in one direction - which is up.

We are recommending all mortgage holders review their rates now to see what competitive products are on offer.

It does not matter if your current deal does not finish for a few months. If you have no early redemption charge you can make a penalty free switch now. If switching deals now could cost money you can still review rates. A lender's offer is open for six months and while you many have to wait to remortgage you will have your cheap offer in place.

Contact Deal Direct today and let us help you save money from tomorrow.