Compare Remortgage Rates Online
If you are looking to compare remortgage rates, you may consider choosing one of the following mortgage options:
Fixed rate, which allows you to fix the interest rate for a specified time period
Tracker, which varies in line with the base rate
Offset, a rate that allows you to offset your mortgage against savings
By filling in a single form you will be able to find out all the information you need and compare remortgage rates from right across the UK mortgage market. Fill in the form for free quotes and advice to find the best rates for you.
If you are considering remortgaging your property, you may not only be able to save money but may also find a mortgage that is far more suited to your circumstances, with some useful benefits included.
Taking out a remortgage is a huge financial commitment; therefore it is advisable that you carefully think about your options before making a decision. In particular, if you are looking to make substantial savings on your remortgage, you should take the time to compare the remortgage rates that are available to you.
Several different banks and building societies are likely to offer you a competitive remortgage deal. Therefore, it is a good idea to compare remortgage as much as possible before settling on any one provider.
As a starting point, you may wish to consider the following mortgage comparison tables above for a list of offers.
As you consider these mortgage deals, you might like to think about what type of interest rate to go for. The two types of interest rates that you are most likely to come across are:
- Using this agreement, rates will be fixed at a certain amount for a guaranteed period; following this, your interest is likely to revert to the lender’s standard variable rate (SVR).
- Tracker mortgages have their interest rates adjusted according to the Bank of England’s base rate. Although more unpredictable than some other agreements, they cannot be influenced by the lender during the course of the agreement.
An important consideration to make when you think about remortgaging is the overall cost. Although remortgaging your property could stand to save you a significant amount on your mortgage expenses, you could face a number of initial remortgaging charges, which could include the following:
- Arrangement fees for the new mortgage
- Exit fees on your existing mortgage
- Costs of valuing your property
- Legal fees incurred
Comparing mortgage deals and carefully considering their pros and cons may be a useful way of minimising these costs.