With over 300 deals on offer, now is a great time to remortgage.

Rising house prices might be making life tough for first-time buyers, however for remortgaging home-owners the news is good.

Mortgage choice for existing home-owners is vast and rates are still low. There are so many deals to choose from that it's a perfect time to switch.

With such a vast range of products, criteria, rates and incentives it makes sense to seek independent advice and a 'whole of market' search to ensure you end up with the best product overall.

At present there are over 300 remortgage products to choose from with rates starting as low as 1.25% for a 2 year fix.

However be aware that it's a mistake to be seduced by a low headline rate without considering the fee that you will be charged. Remember fees impact the overall affordability of a mortgage and so consider all factors before you sign for a deal.

In addition if you are an interest-only home-owner you should consider remortgaging, as some lenders such as the Leeds BS are now offering part capital and part interest-only deals. These products offer the flexibility to pay down your loan in a more manageable and structured way.

If you are one of the 93,000 borrowers on an interest-only deal without a repayment vehicle in place, call us at Deal Direct to find out we can help you switch.

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