When we found out that we could get a lower interest rate for our mortgage from another bank, we wasted no time and quickly applied for a remortgage from that bank. Not only was the interest rateĀ 2% lower, the bank also paid for the legal fees incurred in the remortgage. Ā With the remortgage, we paid almost RM300 lesser every month and that was quite a burden off our shoulder.Ā
Remortgages are very common these days amongst home owners in an effort to reduce their mortgage repayments and to enjoy better deals on their home loan.Ā Buying a house is the most expensive commitment to anyone and getting cheap mortgagesĀ would help a great deal in lowering the monthly repayments. It would be really helpful to go to a website like NationsFinance.co.uk that can help you search and compareĀ rates and termsĀ on mortgages amongst major financial institutions so that you get the best deals.
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