Tuesday 25 January 2011

Are your mortgage payments about to go through the roof? - Mortgages, Money - The Independent

Are your mortgage payments about to go through the roof? - Mortgages, Money - The Independent

If you haven't reviewed your mortgage product recently you may unwittingly be throwing away thousands of pounds. Borrowers sitting on their lender's standard variable rate (SVR) may think they have the lowest monthly repayments possible, but that isn't necessarily the case. Not all lenders' SVRs are competitively priced; there could well be be cheaper fixed-rate and tracker mortgages available.

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