The figures are slightly down from February, when a total of 23pc of people were planning to remortgage
compared with 19pc now.
Three quarters of homebuyers never remortgage
, though rates elsewhere are invariably cheaper than their current loan.
BANKING AND CREDIT NEWS-August 21, 2018--Lloyds Bank unveils GBP1,000 cashback remortgage
Global Banking News-August 21, 2018--Lloyds Bank unveils GBP1,000 cashback remortgage
M2 EQUITYBITES-August 21, 2018--Lloyds Bank unveils GBP1,000 cashback remortgage
As well as this, it was predicted the Bank of England would increase the base rate in May which prompted undecided homeowners to remortgage
in April while rates were still low.
| Home owners rush to remortgage
: The number of home owners re-mortgaging bounced back in July to reach its highest level since the start of 2017.
As a result, remortgage
activity's share of all lending has remained relatively subdued, especially when compared to its strength in 2008.
Is now a good time to remortgage
? What is a further advance?
figures dived by 22 per cent compared with the previous month to just 32,000 - 57 per cent down on a year earlier.
The regulator said Hadenglen exposed 2,000 remortgage
and 1,900 PPI customers to an unacceptably high risk of being sold a product that was not suitable.