Mortgage Market News

Market intelligence: standard variable rates – is it time to remortgage?

An increasing number of borrowers now have their mortgages on their lender’s standard variable rate, but is this the best option for them?

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Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Changes in the exchange rate may increase the sterling equivalent of your debt. You may have to pay an early repayment charge to your existing lender if you remortgage. Think carefully before securing any other debts against your home.  

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