Nicholas Wallwork
Editor-in-Chief
Staff member
Premium Member
Those who have looked at the mortgage market will be well aware it is not always as straightforward as it looks at first glance. There are many different aspects to take into consideration, many different charges and many different potential charges if certain circumstances were to occur. You need to compare mortgages not just when you take your mortgage out but also on an ongoing basis as there may well be opportunities to switch mortgages for a better financial return in the long run.
The worldwide mortgage industry literally makes millions upon millions of dollars quite simply because the vast majority of people are more than happy to stay with their original mortgage provider. Despite the fact there is often extreme competition in this particular area, many people decide not to look elsewhere, often to their financial loss.
What kind of savings have you made by switching your mortgage in the past? What advice would you give to somebody unsure about whether to look elsewhere?
The worldwide mortgage industry literally makes millions upon millions of dollars quite simply because the vast majority of people are more than happy to stay with their original mortgage provider. Despite the fact there is often extreme competition in this particular area, many people decide not to look elsewhere, often to their financial loss.
What kind of savings have you made by switching your mortgage in the past? What advice would you give to somebody unsure about whether to look elsewhere?
