Should you remortgage to a lower rate?

 It makes sense to remortgage if you can switch to a lower rate to save yourself money.

However it is estimated that up to 20% of mortgage holders fail to review their deal and find out how much they could save by switching to another lender. That means around 1 in 5 are paying more for their home than they need to.

Those who remortgage could save themselves thousands over the course of their mortgage term by switching to the best rate for their equity level.

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Remortgaging is a sensible thing to do. The positive reasons for remortgaging remain the same and should not be ignored, simply put you could save money every month by switching so it makes no sense not to.

If you would like to review the entire UK remortgage market call an adviser at Deal Direct on 0800 048 8828. We will check every lenders range to come up with an offer to beat your current lender's rate.

We are dedicated to saving home owners as much money as possible and so call us to find out how much you could save each month by switching deals.

A call to us at Deal Direct can get the best remortgage deal available in the UK today.

 

For impartial advice and a low rate quote call 0800 048 8828.

 

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Article published: Wednesday, January 28, 2015
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