West Midlands, UK -- (SBWIRE) -- 10/03/2011 -- For most people, their mortgage is by far the biggest monthly bill that they have, as well as their largest debt. With money being tight for many people these days, looking for ways to spend less money—including on a mortgage payment—makes good financial sense.
When homeowners purchase their home through the bank and sign the paperwork, they are given an interest rate that applies to the amount of the loan. But this rate is not set in stone for the remainder of the mortgage, which in many cases can last 30 years. Many homeowners would like to try to remortgage their home to save money, but they may be unsure on how to go about it.
A website has gotten a lot of attention lately for its ability to help people potentially save on their mortgage by allowing them to do a remortgage comparison. Remortgage Search uses a hand-selected group of mortgage brokers who will assist visitors to the website in the remortgage process. The network is nationwide and brokers are available 7 days a week.
“At Remortgage Search we’re dedicated to making the remortgage process as easy and stress free as it can be,” it said on the website’s homepage, adding that the quotes are free, without obligation.
“This means providing you with accurate and informative information, intuitive tools and calculators and access to our network of FSA authorised mortgage brokers.”
As the website explained, since lender rates change every day and there are over 3,000 mortgage products available it can be virtually impossible for one person to compare them all. This is what sets Remortgage Search apart and makes it such an impressive company; its brokers are able to compare the entire UK remortgage market, and will sometimes even have access to rates and remortgage deals that are not available anywhere else.
In addition, for homeowners who would like to try to raise some capital using the equity they have built up in their home, Remortgage Search may have options available, including remortgages or taking out a homeowner loan.
“Our brokers are able to explain the various options in detail and compare deals for you from the UK’s leading remortgage lenders,” the website explained.
Using the website is easy and secure; on the home page there is a place to enter in the estimated property value and the mortgage amount. This will bring visitors to the site to a second page with an application that once submitted will start helping homeowners to compare remortgages.
For more information on Remortgage Search, please visit http://www.remortgage-search.com