Homeowners rush to switch mortgages

 In Mortgages, Remortgages

Competition among lenders is intensifying and driving rates lower.

The latest industry figures, published last month, show re-mortgaging on the rise across the country. In expensive regions where loans are typically higher the trend is much higher: re-mortgaging in North and South London , for instance, has jumped to an eight-year high.

Now may be a good opportunity to look to switch your mortgage.

 

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