04 Sep Remortgage Out of that Horrid Fixed Rate
We are seeing an increase in enquiries for clients looking to buy themselves out of longer term fixed rates. The terrible uncertainty of 2008 and 2009 (not happy times!) saw lots of homeowners plug for caution and security by fixing their mortgage payments for 5 years. With rates at that time over 6%, and now more in the 3-4% range, it could make sense to buy yourself out of this deal.
It’s a more complication equation than normal when looking at your mortgage, but one we’d be happy to help you with, if you fall into this category.
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