Homeowners hurry to remortgage

MortgageRecently released data reveals homeowners are switching to record low fixed mortgage rates in a bid to take advantage of the ongoing price war between lenders and the increased equity available on their homes. The firm Legal Marketing Services have divulged the fact that the amount of remortgage loans increased to 26,756 in January, which is 20% more than December 2014. However, this is a figure 7% lower than in January 2014.

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