Remortgaging Made Simple
When you remortgage you current property, you are simply switching your mortgage to another deal, and frequently, another lender.
Remortgages can be used for various reasons. However, most people simply switch mortgages because it will work out cheaper for them. For example, your current fixed rate may with your current lender may be coming to an end; therefore you could potentially get a new fixed rate with another lender.
We will also be able to help you to switch your mortgage deal with your current lender, if this is the best option for you and avoiding any unnecessary costs. Many lenders will allow you to switch your mortgage deal reasonably frequently.
Please see look below and see whether you can find a cheaper rate:
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. A MORTGAGE IS A LOAN SECURED AGANIST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED ON IT.
SECURING SHORT TREM DEBTS AGAINST YOUR HOME COULD INCREASE THE TERM OVER WHICH THEY ARE PAID AND THEREFORE INCREASE THE OVERALL AMOUNT PAYABLE.
YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.