There Has Been An Increase In Remortgages.
Traditionally december is a very quiet month in the secured loan, mortgage and remortgage business.
At the start of the month most people have little in their head but the thought of Chritmas and everything else seems to be put on hold.
A decline in mortgage applications seems to be expected as not many people even consider moving house in the depth of winter unless it is absiolutley necessary such as when moving job to another area.
Howevr the finance broker, Champion Finance, who has been established since 1985 has seen an upsurge in remortgages just before Christmas and in these few days between Xmas and New Year when normally they would expect very few remortgage, mortgage or secured loan applications.
It is sincerely to be hoped that the trend will continue through 2010.