We're currently looking at mortgages at the moment as we are first time buyers. Is it best to go with a lower interest rate at the moment for the fixed period even though SVR after the fixed period is quite high or is it best to find a lowish current interest rate and one which then has a lower SVR rate as well?
When we go on the SVR rate after the fixed period, do we have to remortgage to get on a better deal if it is high? In people's experiences, how easy is it to do this?
When we go on the SVR rate after the fixed period, do we have to remortgage to get on a better deal if it is high? In people's experiences, how easy is it to do this?