Five year products are the most popular for owners remortgaging – PropertyWire

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Five year products are the most popular for owners remortgaging 16 days ago | propertywire.com The vast majority, some 97%, of those who remortgaged in April did so with a fixed rate product, demonstrating their continued popularity in the remortgage market.

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“Alongside good quality homes, the programme will be looking to create. Besides providing funding for the product suppliers, the Fund also. of the property, or when it is remortgaged, the money lent is repaid.. Over five years, the total cost of the mortgage, including a 999 fee,. Source: Propertywire.

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Find a five year mortgage. This comparison includes every five year fixed rate mortgage available in the UK. Find the best deal by comparing them to find a mortgage with the right LTV, the cheapest interest rate and the lowest fees. You can get a five year deal for a new home or if you need a remortgage for your current property.

Home owners in the UK are showing a preference for five year mortgages over the more traditionally popular two year deals, new research has found. Some 48% of mortgages in the fourth quarter of 2017 were for five years or more while 40% were two year products, the first time they have been the most popular deal, according to the index report from mortgage firm Paragon.

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Five year products are the most popular for owners remortgaging June 2, 2019 asg assisted property sales news The vast majority, some 97%, of those who remortgaged in April did so with a fixed rate product, demonstrating their continued popularity in the remortgage market.

There was a definite shift in borrowing type in the UK housing market last year with remortgage business. two years are still the most popular products, making up 53% of all cases in the final.

The most popular deal is now the five-year fix, which saw a four-fold rise in popularity and was chosen by 29 per cent of remortgagors, while the two-year fix dropped from 42 per cent to 25 per cent.

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