Comeback for Remortgaging in 2011

Posted on 17 January 2011 by Drew

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The remortgage market is likely to have passed its lowest point and will see an increase in activity this year, according to, well, us...

Those looking for the best mortgage rates will be interested to hear that Ray Boulger, our senior technical manager, believes that 2010 was the nadir for the remortgage market.

The comments follow predictions from Hometrack that the total mortgage market is set to remain steady in 2011 with around 1.2 million mortgage approvals and 355,000 remortgages.

Should you be remortgaging?  If you have no penalties, are paying a rate of 3.5% or more and have at least 15% equity then the answer is yes.   Take a look at some of the remortgage best buys and then give us a call.

Categories: Remortgaging, Mortgages

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