Romans host a remortgaging week 29th August

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21 Aug 2017

Join us during 'Remortgaging Week' to find out if we could help you save £2,500

Author: Greg May

A recent investigation found that homeowners in the South East could save up to £222 each month by switching to a better mortgage deal.

Despite the growing number of mortgage comparison sites, the same report also found that 58% of homeowners have never remortgaged!

We know that remortgaging often slips people’s minds, especially those who have been sitting on the same mortgage for a number of years, so we’re holding a ‘Remortgaging Week’.

During ‘Remortgaging Week’ homeowners can speak to our mortgage advisers about how they could potentially help you save money by switching to a new deal.

Why remortgage now?
Over 4 million households across the UK are sitting on a Standard Variable Rate (SVR) mortgage, if interest rates rise, these customers could be overpaying even more in future.

The reason so many homeowners are currently on a SVR deal is that they lost track of their current mortgage. It’s important not to fall back into this trap and to keep an eye on your mortgage rate as you would your day-to-day spending.

Greg May, Director of Romans Mortgage Services explains: “The current base rate is at a record low of 0.25% and hasn’t risen for over a decade. But, they won’t stay this low forever, current forecasts from The Guardian suggest that in early 2018, interest rates will rise.

Those wanting to discover if they could be saving money should act now, before it’s too late.”

Worried about the cancellation fees on your existing product?

Don’t worry – we can still help you save money! When advising on how much money remortgaging could save you, our expert mortgage advisers will take into account any cancellation and admin fees.

Regardless of whether you want to move or not, if you have a mortgage, speaking to an advisor could save you money! To find out more call Romans Mortgage Services on 01344 985881.

Your home may be repossessed if you do not keep up repayments on your mortgage.

You may have to pay an early repayment charge to your existing lender if you remortgage.

There will be a fee for mortgage advice.  The actual amount you pay will depend upon your circumstances.  The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.

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The service was excellent throughout the process and made moving a simple and enjoyable experience " R. Swiatek