If you have not considered remortgaging think of the money you could save.
If you don't look at remortgaging products on a regular basis you could be paying more than necessary. If you are comfortable with your repayments and have been in your home for a few years you may not think that there is any reason to compare products. However, ask yourself if you can afford to pay more than you have to?
Whilst looking online for mortgage comparisons can be helpful to get an overview, you may find that some of the details are not easy to access. Advice from a whole of market broker like Deal Direct could save you time by sourcing products that are only appropriate for your particular circumstances.
How much you could gain from remortgaging, will depend on your existing loan and the mortgage terms. For example if you are still in a fixed rate period there may be penalties for early repayment which could offset any savings you might make with a better deal.
If you are on a lenders standard variable rate or do not have an early repayment clause, you are more likely to save money by looking for another deal. At Deal Direct we can help you look at all the factors and assess whether there is a better deal for you.
At Deal Direct we also have knowledge of individual lenders and the wide range of different lending criteria for each product they offer. Call us for remortgaging advice and we can compare your existing deal to the best on offer in the market.
We can save you money by finding you a cheaper alternative.
