More than half of homeowners miss out on savings by never switching mortgage unless they move | Mail Online
With a large percentage of homeowners looking to cut monthly outgoings, research has shown that they could be missing a trick by not looking for a new mortgage deal.
A Barclays report revealed that 58 per cent of homeowners surveyed have never remortgaged, except when moving property.
The average UK homeowner spends 16 years in their property and could be missing out on potential savings of £1,200 a year by remortgaging, the bank says.
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