Mform.co.uk reports that currently, 61% of remortgage deals cover legal fees and valuations.

Abbey, Halifax, Nationwide, RBS, Woolwich and HSBC are all currently offering remortgage deals such as these.

There are concerns, however, that these positive conditions for remortgage customers may not last due to the economic crisis.

Fransic Ghiloni from mform.co.uk said:

“These incentives are good for borrowers, but there has to be some doubt over how long lenders can afford to offer them if house prices fall.”