Lenders are increasingly looking at ways to retain borrowers, but borrowers are realising there are better deals available ' so who will win the remortgage war?
Remortgaging has been a topic of great discussion and debate over the last couple of years as more and more lenders have entered the market, hoping to achieve higher levels of business. Gone are the days when borrowers remained with a lender for the life of their mortgage and took the rise and fall of rates on the chin. The market has evolved almost full circle to favour borrowers over lenders in terms of price as well as the choice they are offered. A mortgage has always been the largest financial commitment most people will ever undertake, but what has proved surprising is tha...
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