When is it time to remortgage and secure a new deal? We have over the years changed our stance on this as we have to do with everything in the market we work in. When I started advising ( a long time ago now) it was around the 4-6 month mark but we then reduced this to 3-4 months as only at this point we could then see the existing customer deals with your current lender. We have recently taken the decision to change this to at least 6 months and sometimes 7 months before the current fixed rate ends as although we cant see or access the existing customer deal so this will always result in a remortgage rather then a rate change with your current lender in the market we find ourselves in with rates rising everyday with one lender or another it's so important at the moment to secure a rate as soon as possible and as early as we can. Most lenders mortgage offers are valid for 6 months when they offer and with some lenders taking 3-4 weeks to even look at a case when we submit are finding this works really well. So please ensure you contact us sooner rather than later so that we have the best chance of securing you a lower rate for the next few years.
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