Remortgaging at record levels as homeowners bank on interest rate drop

The research claims the number of homeowners looking to remortgage has risen consistently over the last three years, revealing a 25% increase since 2002. The survey also reveals that 80% of property investors would use additional funds gained through re-mortgaging to reinvest in additional property, emphasising the confidence the majority of investors still hold in long-term gains of the buy-to-let market, despite negative reports and forecasts from some industry commentators. Another recent survey also conducted during the show reveals nearly 85% of people are still relying on their ...