Reassess your home financing options with mortgage broker, Deal Direct.
Reassessing your home financing options with mortgage broker, Deal Direct, could help you to save money.
Since the rise in the base rate in August 2018, almost all the UK's mortgage providers have reviewed their pricing strategies. August saw the base rate go from 0.5% to 0.75%, however, while the mortgage market has seen many rates increase, none have increased by the full 0.25%.
While SVRs have increased, the same cannot be said of fixed rates. With the exception of 2-year deals, which were affected by price increases earlier in the year, the pricing of longer-term fixed rates has become very competitive indeed.
Although SVR’s have not felt the full force of the base rate increase, some mortgage providers’ rates exceed 6%.
If you have found that your initial deal has finished and you are now paying your lender’s SVR, why not contact Deal Direct for a chat about your options?
We offer to act in your best interests by assessing your circumstances, searching the whole of the UK market for suitable alternatives and only recommend the most appropriate products from lenders who want to hear from people like you.
The work our team does on your behalf is thorough and doesn’t stop at finding the cheapest rate. We work hard to:
- find you the best all-around value deal that serves your purposes
- help you with the application process
- follow up with all related parties on your behalf
If paying less and saving money is important to you, reassess your home-financing options with Deal Direct today.