Why should I bother to remortgage?
Once you complete your fixed-mortgage term, you will fall straight onto your lender’s standard variable rate of interest (SVR). This rate is likely to come with a higher rate of interest than your current product, this is because lenders track the Bank of Englands rate plus their own percentage.
To avoid ending up on their SVR, you should think about remortgaging. Remortgaging could allow you to access a much better mortgage product with a competitive rate. We will consider your current product before recommending you a new remortgage deal.
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