Fix your mortgage rate now

Fix your mortgage rate now

By Shoaib Arshad 29th Feb 2016

If your fixed rate mortgage is coming to end It will be worthwhile changing the rate. 

It is, however, advisable to start this process sooner rather than later and start looking four or five months before your current fixed rate ends to see what rates are currently being offered. 

Once a mortgage is agreed by a lender, a mortgage offer is issued, which is valid for six months. If your fixed rate mortgage is nearing an end, avoid the last-minute rush by acting now to ensure that the process can run smoothly and efficiently when the remortgage is due. Make sure to also consider rates that your existing lender offers, for comparison.

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Fixed rate mortgage near its end? Switch now to avoid a shock as monthly bill could rise by at least £100

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