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?

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now