There is a common misconception among homeowners in the United Kingdom that the mortgage rate they are paying on their home is the best rate they can get. This could not be further from the truth. Homeowners actually have a number of great options to switch and reduce their mortgage rate available to them.
Many residents in the UK don't realize that they can compare mortgage rates from different lenders. In addition to this, many homeowners do not realize that they can save money on their mortgage by switching to a different lender. This could result in yearly savings of £1000s.
These Aren't Your Parents' Banks
Today, it is easier than ever to compare mortgage rates online from different lenders. Due to this significantly more widespread information, banks have had to lower their mortgage rates in an effort to compete with each other. This has created a great opportunity for UK residents looking to get a mortgage. It also means that current UK homeowners can benefit by finding a lender with a lower rate than what they are currently paying. Gone are the days when you needed a physical branch of a bank, in your area, to get a loan from them. Now you can search for mortgage rates on the internet and obtain a mortgage from any number of banks.
Quick Version: Many UK homeowners are overpaying on their mortgage and could save £1000s by switching to a lower mortgage rate. Click here to see if you qualify for a lower remortgage rate instantly.
Banks don't want homeowners to find out that they can compare mortgage rates online, because they know that if homeowners find a better rate, they will switch their mortgage. For this reason, banks haven't let UK residents know of these resources at their disposal. All the money available for residents to save is money that the banks end up losing.
Compare Your Rate With Others Now
There are many websites that compare UK mortgage rates online, so you can find the best lender for you. We recommend MortgageAdviceCompany.co.uk, as it is one of the most reliable, fastest, and renowned mortgage rate comparison tools.
See how much money you can save today. Review mortgage rates from top lenders and save your money in 5 minutes.
Here's How You Do It:
Step 1: Start by selecting your region below.
Step 2: Once you go through a few questions, you will have the opportunity to compare rates from multiple lenders!