Paying your lender’s SVR? Remortgage to avoid increases in your repayments.
According to recent market reports, it’s possible that over 30% of homeowners are paying their lender's SVR instead of seeking to remortgage. This means that over a third of all UK homeowners are possibly paying much more for their home than they need to.
As energy prices are set to rise, coupled with the higher than expected rise in inflation, homeowners have enough to contend with. However, many are not taking action and are leaving themselves vulnerable to an increase in their repayments, all of which directly impacts the health of their bank balances.
If you are one of those that are sitting on your lender’s SVR, what should you do?
The advice would be to contact a Deal Direct adviser as soon as possible.
Deal Direct is a leading UK mortgage broker who are experts in remortgages. Having made an enquiry with us, you will be assigned a dedicated adviser who can quickly demonstrate to you the value of switching to a better deal. The difference in rates means you could find that you save hundreds of pounds by acting now.
Don’t sit on your lender’s SVR. Changing to a better all-round deal could mean a significant reduction your monthly outgoings.
Call Deal Direct on 0800 048 8828 to discuss all your remortgage options.
