Switching from a fixed rate to a tracker rate, or vice versa, is a great way of making sure you are getting value for money on your mortgage. As base rate stays static or is dropping; trackers can offer a great way of getting the lowest rates available. Fixed rates offer security from underlying base rate increases, and could be useful in times of base rate increases or if you wanted a long term product. Either way a remortgage broker is best placed to offer the advice you require as well as locating the lowest rates on the remortgage market.
Many mortgages have early repayment changes, especially on fixed rate mortgages. At the point of remortgage it offers you a great chance to reduce your mortgage balance with incurring any penalties. We can help you find a Remortgage Broker who can not only find you the best rates, but advise you on the best time to be reducing your mortgage balance.