Remortgage – should you Stay or Switch?

Did you know that 55% of customers say they’re likely to stay with current lenders when it comes to re-mortgaging?

As part of Legal & General’s research, they delved into the reasons behind why customers said they would stay with their existing lender.

 

  • 42% gave the reason of trust and a belief that existing lenders will give the best deal.
  • 38% of people explained that it felt like the easiest thing to do.
  • 18% of people did not feel they would get a better deal with another lender.

 

As an adviser, I have access to lots of deals and lenders, and make sure I thoroughly understand your individual circumstances to find a match. It might be that your current lender does indeed offer the best deal for you – but in many cases there are better deals elsewhere.

 

Contact me today to find out how I can help you find the best deal to remortgage.

*Your home may be repossessed if you do not keep up repayments on your mortgage

*You may have to pay an early repayment charge to your existing lender if you remortgage

 

 

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