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According to research from Abbey Mortgages, collectively Britain’s homeowners are wasting an average of a fiver a day because they are not on the most competitive mortgage deal. The research established that if homeowners were prepared to invest an additional £5 a day by making overpayments, they would save £38,432 off the cost of their [...]
More: £25 million wasted on unsuitable mortgages |
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Can't think of a bettter rason to employ a mortgage broker. My mission in life is to get everyone who is sitting on a Variable Rate to get their head out of the sand and save money. Standard Variable Rates are so expensive these days, gone are the days when lenders linked their SVR closely to the Bank Base Rate.
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