About Mortgage RefinancingZ

Hello and welcome to our fantastic mortgage blog

We decided to create this site because we couldn’t find any unbiased mortgage advice that was simple to understand, we couldn’t find any rate comparison charts either and the mortgage mumbo jumbo we heard is just ridiculous

We are trying to remortgage but have found out that we need a huge deposit to get a really good deal, we and most of our friends are still paying 5-6% on our mortgages, but why when rates of 2.4% are available?

We feel that with all the doom and gloom in the media lately that people are really missing out by not remortgaging their houses or getting a new mortgage

The reason is simple – in the UK we have never had it so good in terms of mortgage rates, in fact the current bank of England base rate is the lowest it has ever been in the history of the bank – Historic bank of England base rates

The downturn in the housing market has forced lenders to increase the deposit requirement on mortgages – thereby passing the risk (any further reduction in house prices) onto the home buyer

So ok – we may now have to save up a little to get a deposit for our lovely home, but with rates at levels never seen before – sub 3% ! – we feel it is the best time to get a great deal

So that’s what this blog is all about, we will be creating delicious content and advice that is simple to understand without all the usual big words and stupid “management speak”

We will add comparison charts at least once a week and we are even planning on a mortgage calculator and other cool tools