Remortgaging is the process of switching your existing mortgage to another mortgage lender. You are not obliged to stay with your existing lender for the full term, and you may find that you could save a substantial amount of money by researching alternative lenders when the time comes.
People decide to remortgage for many reasons:
- Existing mortgage deal coming to an end.
- To change to a lower interest rate.
- To switch from a residential mortgage to a buy-to-let mortgage.
- To release money for home improvement.
Whatever your reason for remortgaging, our independent remortgage advice can help you consider if remortgaging is right for you. Your initial remortgage consultation is complimentary and obligation free and will give you peace of mind. Contact us today to arrange your consultation.
A mortgage is a loan secured against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
You may have to pay an early repayment charge to your existing lender if your remortgage.