Cheap remortgage deals can still be found.  Despite many lenders choosing to pull their lowest interest rate deals and replacing them with higher deals there are still attractive remortgages out there.  It may take a homeowner shopping around to find the cheaper deals or taking on a remortgage broker to find them though.

Homeowners should be ready to abandon loyalty to their current lender if there is a better deal to be found elsewhere.  With tighter remortgage lending criteria and the best deals being edged upward on their interest rate offerings it will likely be that few will find the better deal with their current lender.

Those that are close to having their current mortgage deal end could consider ending their deal early and grabbing a cheap remortgage deal now.  There is no guarantee that the remortgage deals of today will be around in a few weeks.  However if a homeowners does consider ending their deal early to get a new remortgage then they should make sure they take into consideration the penalty fees if any that would occur by paying off the mortgage loan early.

Consideration of the whole remortgage deal is actually good for every homeowner.  Even those deals with very low interest rate offerings should be considered as a whole.  Sometimes the cheaper interest rate does not equate to the best deal.  Fees associated with remortgages could be offsetting the savings that would be found for some homeowners.  A homeowner should consider a remortgage and review if it could be beneficial but fees, penalties and the interest rate should all produce a careful look to make sure it is indeed the best deal.