The Beverley Building Society is giving the opportunity to those who have their mortgage with another lender to switch to the Beverley for free.
Switching your mortgage (or remortgaging) is often very costly with average fees being more than £1,500 according to the Financial Information firm Moneyfacts. These costs usually comprise of a completion, valuation and legal fee which will often wipe out much of the benefit of switching to a lower rate deal.
Rates offered by the Beverley consistently appear in Best Buy tables in the National press and anybody wishing to remortgage can do so for free without incurring high fees.
Peter Myers, Chief Executive of the Beverley Building Society said:
“Many people looking to remortgage are enticed by a low headline rate and high upfront charges can often be overlooked meaning a seemingly ‘cheap deal’ can become costly. At the Beverley we offer both two and three year discount mortgages and we ensure that all of our products are easy to understand and supported by an unrivalled level of personal service.”
Also, in a move designed to support the housing market and encourage younger membership, the Society has dramatically reduced its 90% loan to value mortgage rate. The move is designed to support the housing market and encourage younger membership at the Society.
For more information on the Fee Free Remortgage offer or any other of the Society’s products you can call one of the team on 01482 881510 or visit our website at www.beverleybs.co.uk