It is estimated, that as many as 4 out of 5 mortgage borrowers
are paying too much for their mortgage, especially if the
mortgage has been held for more than 2-3 years. By simply applying
for a remortgage today, you could, typically, save thousands
over the life of your mortgage.
Whenever mortgage interest rates fluctuate, it's time to consider
a remortgage. Competition among lenders for your business, will usually
ensure that competitive products are there to be had.
Remember… it would be very unusual for your existing lender to inform
you of a better mortgage. Yet, if you were to apply to them as a
new borrower, you would almost certainly be offered a mortgage with
a better rate (and less monthly outgoing) from the one you presently
hold through them. Not only that, but if you widened your search
beyond your present lender, you may well be able to achieve an even
better deal with a greater saving.
This is why, when considering a remortgage, you should seek out totally
impartial advice by using an independent service such as us.
Our service is free
and entails no obligation on your part. And if a free expert review
of every mortgage product in the UK does not result in a better,
cheaper mortgage for you (even taking into account any tie-in or
penalty costs attached to your present mortgage)… you'll be told
just that. Then at least you'll know that the deal you have is the
right one for you!