There are currently millions of borrowers paying their lender’s standard variable rate (SVR). No lenders SVR will be the best deal they can offer. Unless you have just come out of a special introductory deal like a fixed rate or a discounted rate, there is nothing to stop you switching from the SVR of your current lender to a lower rate or a more suitable deal. And even if you have just come out of a special deal and are obliged to pay a penalty to switch to a new one, the figures may well add up in your favor.
More and more Canadian homeowners are moving their mortgage to save money. Which is a good thing, considering that mortgage rates have dropped considerably over the last few years
A remortgage is essentially no different to a normal mortgage, with one crucial difference – you are not buying a house. All you are essentially doing is taking out a new mortgage to replace the old one while shifting your debt from one lender to another.
This is where we can help!
We can advise you on the best remortgage provider and remortgage product for your personal requirements. We can either provide you with a remortgage quote, telephone you to discuss your remortgage requirements and even arrange a face to face meeting in your own home or at work with a local independent mortgage adviser.