Even tougher times for remortgagers

  • Story by: Catherine Couch
  • Magazine: MortgageAdviser
  • Published Wednesday , June 18, 2008

There is never a good time at the moment to remortgage your house.

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And trying to work out a suitable fixed rate deal while backpacking through Cambodia is probably not one of them.

Case in point, I received a phone call from my brother and his wife recently, who are coming off a rather nice tracker rate on their £220k London home.

"We do realise we might have to pay a little bit more," he said. "Is there anything cheap?"

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