Do you remortgage or stay with your current lender!
Once your initial interest rate comes to an end, it is likely that your mortgage payments will change in line with your lender’s Standard Variable Rate (SVR). Depending on your lender, and when you first took your mortgage out, this increase could be quite substantial and so you really do need to investigate whether you can obtain a more competitive interest rate. As a dedicated mortgage broker, PAD Financial can compare mortgages from the whole market and offer you advice on whether to remortgage or stay with your current lender. By comparing mortgage rates, PAD Financial can assess whether you can save money by remortgaging your property.
If you would like to know how PAD Financial can help you, please contact us now.