Are you on the best mortgage deal for you?

A survey by has found that nearly half of all mortgage holders have failed to look at their mortgage arrangements in the last three years.

49% of borrowers admit that they have not reviewed their mortgage since the Bank of England’s base rate fell to 0.5% in March 2009.  In addition, 56% of mortgage holders say that they are in fact unaware of the interest rate that they are currently paying on their deal.


Source:  Credit Action – April 2012 edition

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s