Following the vote to leave the EU, interest rates are at a record low so now is the best time to get a great remortgage deal or a secured homeowner loan.
One Building Society has slashed its ten-year fixed rate to 2.39%, making it the cheapest long-term mortgage of that type on record in Britain and resulting in a of saving of almost £750 a year for someone with a £300,000 mortgage.
This has left some experts saying that these are the kind of rates that borrowers couldn’t have dreamed of getting just 2 years ago.
Did you know that according to the BBC Finance website up to 70% of homeowners have not remortgaged since the beginning of their term? This means that they are probably paying too much for their mortgage even before the recent fall in interest rates.
With mortgage availability being good and lenders watching what other lenders do, the remortgage market will continue to be competitive and resulting in some very good deals being offered.
Right now could be the best chance to remortgage to an excellent deal and lock into a cheap rate before the record low interest rates start to rise. By remortgaging you could save £££’s each month PLUS get extra cash by releasing some of the value in your home for a new car, holiday or home improvements.
GoCreditReport has teamed-up with a leading UK Mortgage and Loans company who are fully approved by the UK’s Financial Conduct Authority (FCA). They are specialists in adverse credit mortgages, remortgages and homeowner loans and search the whole market to find you the best deals whatever your circumstances.
If you would like a free, no obligation quote for a mortgage, remortgage or homeowner loan then please click HERE and fill in our 30 second form. You will then get a call back from one of their expert credit brokers within 24 hours (Mon-Fri).
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