
If your current mortgage deal is coming to an end it is important to start shopping around for a new offer before you transfer onto the lenders standard variable rate – this could be much higher than your current rate.
Depending on your circumstances, remortgaging can save you a significant amount of money. You won’t always be able to find a cheaper deal, but if you don’t at least consider the option you may be missing out on making a saving on your monthly repayment or the total cost of your loan.