Did you know that remortgaging could save you thousands of pounds a year?
Many borrowers could save significantly if they remortgaged, but a lack of awareness and understanding could dissuade some people.
New research has found that an average homeowner can save £294 a month by remortgaging to another lender, rather than sticking with the standard variable rate (SVR) or reversion rate of one of the bigger high street lenders.
It is incredibly rare for the lender’s standard variable rate to be the most appropriate and competitive rate for you.
We understand that some borrowers may feel that due to a change of circumstance, they cannot remortgage or take advantage of another rate, and others may not know a better rate is even available to them.
Given the current historic low in mortgage rates, it seems like a no brainer for borrowers to be considering their options. We encourage you to schedule a call to explore the options available to you. Even if you choose not to remortgage, it is highly likely that you could benefit from switching products with an existing lender.
If you’d like to discuss how we can support you, call our senior broker, Danny O’Keeffe on 0208 364 3444 or click the schedule a call button below to book a time slot.