Remortgagers look at quick fix

Homeowners looking for a new mortgage, are highly inclined towards fixed-rate products, according to a new survey, with short-term deals especially popular. Whereas nearly four out of five people said that, if they had to re mortgage tomorrow, they would opt to fix their repayments, Abbey's poll revealed that less than one in five would prefer a tracker mortgage. When asked which of the lender's products they would choose, two out of five borrowers nominated its two-year fixed-rate at 5.69 per cent, compared to less than one in seven who would select its five-year deal at 6.34 per cent.
Mortgage Solutions, Independent Mortgage Advisors. logo
Telephone number 01305 776311
Remortgage any purpose call Mortgage Solutions on 0845 241 2416
Change your lifestyle with help from Mortgage Solutions