Administration is a big factor when waiting until the last minute to get the best remortgage rate on your property.

Borrowers are tempted to wait until the last minute to hold out for the best rates when remortgaging, but could be stung by delays due to administration processing.

An expert at Savills Private Finance says this might lead to borrowers sliding onto their lender’s standard variable rate (SVR) if they miss the deadline.

Get the best remortgage quote now to avoid disappointment.

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