Savings

FINALLY:
Keep an eye on things. Unfortunately you can’t entirely relax even after you have found a great mortgage deal. Many of the savings you make in the first few years of a special rate deal can be taken away again if you don’t switch on to a new low rate as soon as it ends. And you cannot rely on your lender to tell you when it is time to switch. So put a note in your diary saying when you should start shopping around again – and move it from one year’s diary to the next if it is several years in the future. Start looking a for a new deal around three months before your current one expires. That way you can move seamlessly from one good rate to another.