Have you a Standard Variable Rate Mortgage (SVR)? Have you been wondering if perhaps you could get a better deal on it, but didn’t know how to go about doing so? Well, today’s your lucky day, as we’re going to show you how to reportage with no broker fees to pay!
Why you should switch your mortgage
if you’re currently on a SVR, you could be able to instantly save money by switching your mortgage (remortgaging). Even better, you could save even more money by avoiding paying broker fees!
By using a service such as Switch Rates with their 100% completely free mortgage switch service, you can either switch or transfer your mortgage and therefore obtain a far lower interest rate.
How to calculate how much money you could save when you reportage with no broker fees
We’re all perhaps a little doubting when it comes to believing what we read on the Internet, so what better way than to check your existing mortgage and see what you could be saving?
By using an online calculator provided by a mortgage switching service, you can enter your existing SVR Mortgage details (lender, loan amount, term etc.) and it will instantly advise how much you could be saving.
So, you can work out exactly how much you will save when you remortgage – and don’t forget, there’s no broker fees to pay either!
Which lenders could I switch mortgages from?
Surely, this seems to good to be true, you’re probably saying. Well, if you have a SVR with Virgin Money, Halifax, Barclays, Metro Bank or Birmingham Midshires, you’re in luck. These lenders – and many others – are likely charging you a higher SVR than you could obtain by switching your mortgage or remortgaging.
Are there any other benefits to switching mortgages or remortgaging?
Well, glad that you asked. Not only is the lower SVR and no broker fees going to save you money, but you could even switch to a Cashback offer which will even pay you cash back! How good is that?
Isn’t it difficult to remortgage or switch mortgages though?
Not really. Some of the bigger and better mortgage switch services will offer benefits such as :-
- No employment checks * (in certain circumstances)
- No credit checks
- No income checks * (in certain circumstances)
- No fees
In addition to these benefits, different mortgage switching services also generally offer promotions such as shopping vouchers, cash backs, or even referral bonuses, so you can keep on saving money!
Why not check today if you can remortgage or switch to a better mortgage?
So there you have it – it’s certainly well worth looking into switching mortgages, or remortgaging, especially when you can remortgage with no broker fees.
So what are you waiting for? Why not check online today, and see how much you could be saving?