Not so the face of a growing refinancing culture, lenders are now inventing innovative tactics to keep you on board for longer. A trend that began in the non-conforming sector, 100% borrowers are now being offered the chance to move to a lower rate after three years if they meet all their repayments on time. The beauty of these schemes is that you can get that cheaper rate without having to pay a deferred establishment fee for leaving your current lender - but will you actually save money in the long run by staying loyal?

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker