There were 635,277 remortgage cases last year, 4.2% more than in 2018, the 2019 Remortgage Snapshot from LMS has found. 5-year fixed rate products were the most popular, with 46% of remortgagors choosing that product. The average monthly payment decreased to just £181.42. Nick Chadbourne, chief executive of LMS, said: “2019 brought healthy remortgage volumes […]
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