In response to the difficulties faced by homeowners looking to remortgage, online debt management specialist’s Debt-2-Go are preparing for the forthcoming launch of their new remortgaging website, www.swap-mortgages.co.uk.
Due to the current financial climate, a growing trend is taking place in the mortgage industry. Homeowners are leaving their current mortgage supplier and seeking out a better rate with a new provider.
Unfortunately, mortgage lenders have been reluctant to lend money due to the current climate making remortgaging a rather daunting prospect for those on the hunt of lower interest rates- that is until now. Thankfully, swap-mortgages.co.uk, the new site from debt management specialist’s Debt-2-Go, is set to take the property market by storm offering not just long-term solutions supplied direct to your email within 14 days, but advice on how to remortgage your home and how to get the best deal.
Richard Braddock, Chief Executive at Debt-2-Go, the debt advice and management specialists said, “When a mortgage deal comes to an end, the house owner automatically reverts to paying the providers Standard Variable Rate or SVR. This is usually a couple of per-cent higher than the previous rate and it is at this point we highly recommend that homeowners consider remortgaging – especially considering the economic situation and fragility of the property market.
“However this can prove difficult as so few firms are willing to lend – that’s why I decided to launch swap-mortgages;
Prior to the credit-crunch the trend for remortgages existed but for very different reasons - the trend was for homeowners to release equity in order to fund a new kitchen or a fancy holiday, as opposed to being in real financial need.
Mr. Braddock added, “At this time it is integral that we utilise every possible money-saving option. Often homeowners feel a loyalty to their current provider, but that loyalty is rarely
returned. This is why homeowners need to get moving in order to find a provider that can offer them a better rate, saving them huge amounts of money in the long-term.
At Debt-2-Go we feel we are the ideal remortgaging outlet due to our substantial expertise in debt management. We fully understand the reasons why struggling homeowners are in search of a better mortgage deal, so along with providing them with that better rate we are also in a great position to offer them financial advice.”
About Debt-2-Go
Debt-2-Go is an online debt advice centre. They offer those with financial troubles the option to fill out a small form after which they will receive personalised advice on the next steps to take and how to best manage their debts. They work in unison with a number of established companies in order to ensure users always receive top-notch advice.
Editor’s Note: Debt-2-Go is represented by online advertising consultancy, Top Position. Please direct all press queries to Tina Clough. Email: Tina@topposition.co.uk or call: 01623 728 233.
