City AM - Time to remortgage? The rates on two-year fixes are low, but watch out for the fees
As the Bank of England’s base rate has come down, banks and building societies have been able to borrow more cheaply, allowing competition to increase and mortgage rates to fall.
Aaron Strutt of Trinity Financial told City AM: “If your fixed rate mortgage is coming to an end or you’re on a variable rate without any early repayment charges, then contact your lender and ask what they can offer you to stay with them.”
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