Remortgaging activity is healthy but “could be higher”, report finds

The latest monthly remortgage snapshot published by LMS reveals that 49% of borrowers increased their total loan size, with average loan increases of £16,300. The report also shows that 45% of those who remortgaged took out a 5-year fixed rate product, the most popular product in July. Changes in monthly loan repayments were also reported […]

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