Many homeowners in the UK are potentially paying thousands of pounds extra on their mortgage each year by not knowing what mortgage rate they’re on. Are you one of them?

According to a Which survey of 3,500 people, 33% of homeowners didn’t know what mortgage rate they were on and 41% only knew an approximate figure. Those whose discounted or fixed rate deal has ended and are now on their lenders Standard Variable Rate (SVR) could be paying a lot more than they need to.

Make sure you’re on the right deal for you
With the mortgage market remaining uncertain, you could take advantage of the low fixed rates on offer by remortgaging now. If you’re on your lenders SVR, or are one of the thousands of borrowers whose fixed and tracker mortgages expire in the coming months, then you could save money by remortgaging to a better deal.

With a range of fixed term mortgage deals available with low interest rates and a number of lenders SVR's currently around 4.2%, could you save money by remortgaging?

Don’t need the hassle?
The subject of mortgages can feel complicated enough as it is, so trying to arrange one by yourself whilst juggling all your everyday demands can feel daunting — which is where we can help.

We’re here to provide you with award-winning, independent, impartial mortgage advice. So if you’re looking to remortgage, buy a home, or looking for a buy-to-let, we’ll personally guide you through your mortgage journey from enquiry to completion.

Let us take the worry and hassle away.

Mortgage Excellence Plc, trading as Police Mutual, is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales No. 03527577. Registered office: Alexandra House, Queen Street, Lichfield, Staffordshire WS13 6QS.