BestRemortgageDeals4You.co.uk detailed information & deals on home remortgage
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Do you remember the halcyon days of Summer 2003? The sun was shining, temperatures were soaring and interest rates were plummeting to a 48-year record low of 3.5%. The days were balmy and borrowers were going remortgage crazy - making the most of low rates to switch to fantastic new deals. Things are certainly different now, but in many ways a rising interest rate environment throws up even more reasons to stay on top of your mortgage and ensure you have the best deal available to you. There is no reason to stay on a standard variable rate with your current lender when you could obtain a lower rate by switching to one of the best remortgage deals. If the Base Rate is increasing and your mortgage is stuck on a lender’s variable rate or a tracker, you will have to pay more each month the rate rises. But you can cut your loses by switching your mortgage to a new deal that carries a discount.
