Is now the right time to remortgage?
Following the base rate cut, many mortgage rates have fallen. With competitive products out there, those whose mortgage deal is nearing its end, or borrowers currently on their lender’s standard variable rate, now could be an excellent time to consider your options.
Since the rate cut, over 2,400 mortgage products have been withdrawn from the market, mostly those in the higher loan-to-value range, as lenders face a series of constraints, but the level of choice and competition is still plentiful.
Expert advice has never been more valuable. Get in touch, we can help.
Your home may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.