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Thousands missing out on best mortgage deals by not s. – 5 days ago · Thousands of borrowers, including many buy-to-let landlords, could be missing out on a better mortgage deal by not speaking to an adviser, according to fresh research from Legal & General. The study shows that 69% of consumers who went direct had not remortgaged in the last five years, with 74% staying put because they felt they had a good.
'Complacent' borrowers missing out on fixed-rate-mortgage. – ‘Complacent’ borrowers missing out on fixed-rate-mortgage savings. Mr Mickenbecker has observed many borrowers are "complacent" when it came to keeping abreast of what are currently the best.
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‘Complacent’ borrowers missing out on fixed-rate-mortgage savings At some banks, fixed-rate mortgages have become cheaper than variable home loans due to uncertainty in the market, but many borrowers are are not taking advantage, according to one comparison website.
Because his existing fixed rate mortgage carries penalties. to correct the error. Borrowers take heed, as many five-year fixed rates that were available in 2011 are coming to an end – so it is.
Give yourself a 7% pay rise by switching your mortgage.. "Today’s borrowers today are missing out on some great opportunities to save, mainly due to complacency. Simply switching deals to a more competitive rate could make a significant difference to their everyday life, particularly at a.
‘Complacent’ borrowers missing out on fixed-rate-mortgage savings By business reporter david chau With interest rates near record lows, borrowers have been urged to switch to fixed-rate home loans.
RateCity spokesperson Michelle Hutchison said many borrowers are missing out on big savings because of complacency and naivety. "It’s easy to feel complacent when home loan rates have been falling and lenders have passed on most of the savings to variable borrowers, but this is in fact the best time to refinance your home loan," she said.
New borrowers are judged on their ability to repay a loan at rates of about 7 per cent in most cases. So if you’ve taken out a new loan recently, or your situation hasn’t deteriorated since you did, good news: a windfall of tens of thousand dollars should be within your grasp, if you take the time to ask.