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The remortgage market has seen a sharp decline – The Council Of Mortgage Lenders

The Council of Mortgage Lenders has published figures showing a sharp decline in the remortgaging market. Figures showed a -20% decline in remortgages and CML states that the remortgaging market will remain I decline for some time due to the attractive variable rates on offer compared to the price of new mortgages.

Remortgage Requests Down…
Fancy A one of the UK’s leading mortgage information websites showed a 15% decline on the amount of users requesting a remortgage quote in comparison with other types of mortgage. “Our current performance within the remortgage sector matches the latest figured provided from The Council of Mortgage Lenders, however we are seeing the number of applicants...

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