however look for a new remortgage deal in order to secure better
terms than the ones they are currently signed up to. A fixed
rate mortgage may be proving expensive at a time when interest
rates have fallen, or alternatively a variable rate mortgage
may not be adhering as closely to the base rate as perhaps it
ought to be. Other lenders may be offering attractive terms
that were not available, or of which the borrower was not aware,
at the time when the initial deal was struck.
has every right to seek out the best remortgage deals available
and, if needs be, to seek a more attractive mortgage package
with a different lender. Sometimes the borrower will be tied
in to an agreement with an existing mortgage lender, or possibly
there will be clauses that invoke charges when the mortgage
agreement is cut short, but if the new package still represents
good value after due account has been taken of all these obstacles
then it will probably be in the borrower’s interests to
Under the rules one’s
existing provider does have the right to try to match the terms
of the new offer but if it fails to do so then all bets are
off and one is free to move.
should be paying regular attention to changes in the world of
finance, and should use online comparison sites to research
the best remortgage deals that are on offer at any given time.
Many people save thousands of pounds by doing just this. If
you are currently searching for the best remortgage deal for
your requirements, try getting the latest remortgage rates and
quotes from the above remortgage deal websites.