The Sunday Times - Is a rock-bottom fix best for your loan?
Homeowners on low variable deals are being tempted to fix with new bargain rates as mortgages fall to their cheapest-ever levels.
Aaron Strutt at Trinity Financial, the broker, said: “Borrowers who can remortgage should contact their lender and organise a valuation. If they are close to the deposit threshold and risk being forced on to a more expensive rate, they can either move quickly to fix, or choose to overpay and put themselves in a better position.”
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