24 December 2012

Home owners have been advised that Christmas is an ideal time to review mortgage costs.

Product Manager at the Chelsea Building Society, Sunjeev Sahota has suggested that home owners should consider how they can cut their mortgage expenditure.

He believes that switching home loan deals at Christmas time is a great way to reduce the amount of money people spend every month.

Mr Sahota noted on houseladder.co.uk that: "The New Year is the perfect opportunity to start thinking about reducing your mortgage payments for the rest of the year."

His comments were made following the Chelsea Building Society’s announcement that they are cutting the rates on their home loans.


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