Many of the hundreds of mortgage lenders out there will offer specific mortgage interest rates that are only valid for a certain time period. Maybe 2,3,5 or 10 years. When this specific mortgage interest rate expires, you generally will get moved onto to a less-competitive mortgage deal. The time has now come for you to have a look at your mortgage as you have just had the letter drop through the letterbox saying your current mortgage interest rate is due to expire and your monthly payment has just gone through the roof.
You understand the importance of getting a good deal on your mortgage. Even the smallest differences in rates can have a massive impact on your overall mortgage repayments, so it’s vital that you take the bull by the horns and reach out to us here at independent mortgage brokers to get the impartial advice you can count on when looking for a remortgage deal.