Lock in your repayments with a 5 year fixed rate remortgage.

It has already been a good year for the remortgage market, however, autumn is traditionally very busy as mortgages mature between now and the end of the year.

The on-going Brexit negotiations and concern over rising interest rates and an increase in inflation have created a sense of uncertainty in the economy. As a result, homeowners who have been motivated to remortgage are opting for a 5 year fixed rate option to lock in their monthly repayments at a low rate.

This could be a very wise move as a 2 year fixed rate option would end at around the same time as the concluding Brexit negotiations. The eventual outcome could have a negative impact on interest rates, driving them up.

Savvy homeowners are anticipating the effect of the uncertainty, which is why the 5 year fixed term remortgage option is proving to be so popular.

Leeds BS, for example, has just revealed its new range of remortgages.

The 5 year fixed rate details are:

• 1.94% for up to 65% LTV
• 2.14% for up to 80% LTV

Leeds also have a 2 year fixed rate option available at a rate of 2.79% for up to 90% LTV.

If you are seeking to pay off your mortgage sooner or you are looking to save on your existing monthly repayments why not contact Deal Direct to explore your options?

As an experienced independent mortgage broker, we can offer you our insights into the best remortgage deals available on the market today. Your dedicated Deal Direct advisor can help you to take advantage of special offers and exclusives that are not available on the wider market.

The depth of our knowledge coupled with the level of contact we have with the lenders means you can be sure of obtaining a remortgage deal second to none.

Don’t miss out on securing your monthly repayments at a historic-low remortgage rate before the offers are withdrawn.

Call Deal Direct now on 0800 048 8828 for first-class UK remortgage advice.