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The best cheap mortgage re remortgage deals are here
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Free, Fast & With No Obligation at all !

FACT: Many homeowners are paying far too much for their mortgage !
 
If you are looking for a money-saving UK mortgage deal then you are at the right place! It's really amazing how many of us will go miles out of our way to save a pound or so on the weekly shopping, or a few pence on a tank of petrol but overlook the huge savings we might make with a cheaper mortgage.
If you could find a mortgage at even a small percentage lower rate then the savings really begin to add up !
Just think about this for a moment - If we found you a UK mortgage deal that was just 0.1% lower

You could save around £6,500 over the mortgage term !

 

Now imagine the savings on a deal 0.5% or even 1% lower !


FACT: Finding the right Money-Saving mortgage deal is hard work !
So why not let us do the hard work for you? Our mortgage experts will quickly search out the best deal to suit your circumstances. Once you have their findings you can then decide what to do next. It is important for you to remember there is No Obligation at all! Our fully qualified experts help hundreds of mortgage seekers find a money-saving mortgage each week. They are highly skilled in helping people reduce their outgoings and have more cash in their pocket, and they are ready and waiting to help you too!

"Great service.......I was contacted within minutes and now have
a far more affordable mortgage !"
    Paul Berry
  -  Manchester

Don’t you owe it to yourself to see how much you might save ?
Remember there is No Obligation Whatsoever in sending your enquiry. It's quick and easy to apply and only takes a minute or two. Complete the enquiry form whilst it's fresh in your mind....You'll be so glad you did!

'No Obligation' Rapid Remortgage Enquiry Form

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

 
















































APR


What does APR mean?In order to make it easier for people to compare differing rates of interest, the Government introduced the concept of the APR which is an abbreviation for the phrase "Annual Percentage Rate of Charge". The APR represents the total cost of credit and takes into account all the added costs such as valuation fees, lender's conveyancing charges etc which are not included in the nominal rate of interest. Until April 2000 it was possible for different organisations to calculate APRs in various ways. The government has now standardised the practice of calculation so that the APR reflects the cost of borrowing over the total term of the loan and inclusive of any concessionary rates that may be applicable in the early stages.Fixed Rate MortgagesA fixed rate mortgage gives an individual the opportunity to set their rate at a given level for a known period of time. Typical terms available range from 1-5 years, but longer rate options are available. A fixed rate can guarantee an individual peace of mind in times of interest rate volatility but they will not allow you to benefit from falls in interest rates below your given fixed level. A rule of thumb to consider here is that generally speaking the longer you wish to fix your rate for, the higher the rate at which you will fix it.Capped Rate MortgagesA variation on the theme of the fixed rate above, is the capped rate. Though not always as commonly available, and dependent on your attitude, they offer what might be termed as either the best of both worlds or a compromise. The cap effectively means there is an upper limit on the interest rate you will pay, and if underlying variable rates rise above it you will be unaffected just as with the fixed rate. However if rates fall, and fall below the level of your cap, you are then able to take advantage of this. The period over which you are able to choose your capped rate also varies, and as with fixed rates the rule of thumb applies, that the longer you wish to enjoy your cap, the higher the rate you will initially pay.Collared Rate MortgagesIf one thinks of a capped rate as a ceiling to one's mortgage payments, so the collar works as a floor, below which your payments cannot fall. This mechanism may be linked to another element, i.e. a cap or a discount, and will extend for a given period of time.Variable Rate MortgagesThe variable rate fluctuates in that generally speaking it mirrors the direction of the Bank of England's base rate changes, these could be either up or down. Some individuals are happy to accept these fluctuations in their monthly payments, others prefer the option that some lenders offer, that allows them to alter the amount payable by the individual only once a year; if there have been fluctuations in the lender's variable rate this could mean underpaying or overpaying in any given year, and the difference is then applied the following year. Variable rates differ from lender to lender with, in the main, the Plcs charging slightly higher rates than the Mutual Building Societies.Discounted Rate MortgageFollowing on from the standard variable rate mortgage, many lenders allow individuals the opportunity to achieve a discount on their standard variable rate. As before the period over which the discount is available will vary, with larger discounts available for shorter periods of time and vice versa. The obvious benefit of this scheme is the ability to achieve savings no matter what the current variable rate is, but there is always the danger that interest rates could rise and the size of your discount become relatively less valuable.Cashback MortgagesThe options listed above each offer something a little different and can help to cater for the requirements of a varied client base; the cashback mortgage has long proved popular, whereby a lump sum is payable from the lender to the client on or after completion of the mortgage and for the client to do with as they please. The cashback is often linked to a proviso that the client goes on to the lender's standard variable rate."Mix and Match" CombinationsFor the very particular or the indecisive, "mix and match" options are sometimes available allowing the individual to combine for example a fixed rate with a cashback, or a capped rate with a discount rate etc. Again the word compromise springs to mind, as the rates offered in unison are unlikely to be as attractive as those offered in isolation.Flexible MortgagesMany lenders are now offering flexible mortgages though the range and benefits available can vary greatly. Flexible mortgages usually work on the basis of daily interest calculation, and offer the ability to underpay or overpay and even take payment holidays. The % repayment rate is usually variable, though some fixed and discounted options are appearing. Other facilities include the option to drawdown additional funds subject to criteria and even to link to a current account facility.Ready to let us find you a Great Mortgage Deal Yet? Remember this service is Free & Without Obligation. Don't you owe it to yourself to see how much you could save? Click Here for our Mortgage Enquiry Form





















 
 

 

 

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