5 steps to remortgage savings with Deal Direct.

Searching for a remortgage with Deal Direct could make you huge savings.

Atom Bank recently launched a 5 year fixed rate mortgage at 1.29%. However, it may have been extremely cheap but it came with a 60% LTV, and then it was withdrawn from the market after only 9 days.

Although the product is no longer available, competition among the lenders continues to be fierce. This is why it is essential that borrowers are ready to take action when a deal becomes available.

How can you find out if you can make any savings? Follow these 5 steps from Deal Direct:

1.       Confirm the interest rate of your current deal and the amount of your repayments. Also, how much of the loan remains?

2.       Work out your current loan to value. If your property value has increased by at least 5%, you could obtain a much better mortgage rate.

3.       Confirm the type of mortgage you have. Are you sitting on your lender’s SVR because your introductory term has expired?

4.       Confirm your current credit rating. Has it improved since your last mortgage?

5.       Click below to get an instant quote and begin to compare deals.

Searching for remortgage offers and comparing deals is second nature to Deal Direct. As a leading UK mortgage broker, our extensive knowledge and experience means that there really is only one step to finding out how much money you could be saving. All you need to do is call us and we’ll take care of the rest.

Call 0800 048 8828 for low rate remortgages.