Dependent on lender, you may be offered a transfer to another rate that is more competitive than remaining on their Standard Variable Rate.
However, at the moment dependent on who your existing lender is, it could take up to 6 weeks to get a telephone interview / or face to face interview in branch to discuss your expiring deal, and some high street lenders are not even able to offer further advice.
Here at Active Mortgage Solutions we have access to many of the high street lenders’ mortgage systems and we are therefore able to advise and apply for a Product Transfer on your behalf without you having to worry about trying to sort your mortgage out in 6 weeks’ time and have the added problem of potential of increased mortgage payments if you have to revert back to the lender’s Standard Variable Rate.
Contact us today to discuss your rate switching options.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
We typically charge a fee of £249 payable upon application.