Remortgages

Homeowners arrange remortgages for a variety of reasons.

To review your interest rate
If you are currently paying the standard variable rate of interest offered by your lender, it is possible you are paying more than you need to. We may be able to save you money by helping you remortgage to a more competitive deal.

Consolidate monthly payments
If you have a credit card or other loan commitments you may be able to consolidate these on to your mortgage. A flexible mortgage is a great way to achieve this, as you can still pay off the loans over the same period, but possibly at a lower interest rate than you have been paying.

To borrow more money
This could be for home improvements, purchasing another property, or any other reason. Why pay high interest rates, when you can take advantage of mortgage rates and still pay off the loan over a short period if you wish.

To repay the mortgage more quickly

With a lower interest rate you could use the savings to pay off your mortgage faster by making regular overpayments. Even relatively small overpayments made over a period of time can make a difference to the term of the loan if they are used to pay off the mortgage.

Many clients avoid remortgaging as they believe the process is complicated and expensive. Our role as professional advisers is to ensure the process is problem free and as cost effective as possible.

For further information or assistance click here for one of our consultants to contact you.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.