27% Of People Are On A Standard Variable Rate (And Paying More Than They Need To)

By Chris Seddon

What Does That Mean?

Being on a Standard Variable Rate (SVR) means your mortgage payments can fluctuate, often leading to higher costs over time. With interest rates changing, you might end up paying significantly more than necessary.

Why should you remortgage?

Remortgaging can help you lock in a better rate and stabilise your payments. By remortgaging onto a fixed rate, you could save thousands over the life of your mortgage.

How can we help?

Navigating mortgage options can be overwhelming. That’s why at Nook Mortgages, we always take the time to understand your situation and goals so that we can find a product that best fits your unique needs.

If you’re currently on a Standard Variable Rate, you’re not alone – 27% of homeowners are in the same boat!

Remortgaging to a fixed rate means that you aren’t subject to fluctuating payments every month. We’re here to help take the stress out of remortgaging for our Nook family.

If your fixed rate is due to expire within the next six months, now is the time to get in touch.