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Robyn Hall
Just Retirement is going on the road over the next few months. This seminar is in London.
Area Sales Manager - Financial Services - London
North London
Mortgage Consultant / Mortgage Adviser - Fulham
South London
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Borrowers spend more time shopping around
14 August, 2008
Research from Nationwide shows that borrowers whose deals are coming to an end will spend more time shopping around and will be more interested in rates and fees than they were a year ago.
It shows that over half (53%) say they are more interested in the rate they come to at the end of their mortgage deal than they were this time last year. This may well be because a quarter (25%) of respondents expect to pay their lenders' standard variable rate for longer than they would have done in the past. Over half (56%) say they are more likely to shop around for a new deal now than they were this time last year; and 64% say that the cost of the fee is just as important as the rate on offer.
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