PANTA FAMILY


Sunday, September 2, 2007

Remortgages Guide - Looking For A Cheaper Mortgage?

When considering re-mortgaging it is also important to look at as many lenders as possible. Sometimes the best deal is available from a lender that you may not have heard of. Small building societies often have very good deals. A mortgage comparison site that looks at the whole of the market is a good way to do this.

Finally, look out for lenders that have a good reputation for service. Having found what looks to be the best mortgage the last thing you want is to have difficulty getting the funds from the lender.

Re-mortgaging is not like moving house - many people say that moving house is one of the most stressful times of your life. Re-mortgaging can actually be a straight-forward process. If you know the type of deal that you want and you get your information from the right place, it should be stress free.

So, here's what to do:

Don’t just follow the headline interest rate
Check-out the true cost of the mortgage over the deal period
Look at start-up fees and exit fees
Make sure that you are comparing all lenders
Check out the lenders quality of service

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