Mortgage Market News

Market intelligence: is this the time to remortgage?

Sunday October 31, 2010

For the first time in three years a remortgage product is cheaper than all lenders’ Standard Variable Rates.

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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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