Remortgaging

Remortgaging need not be a hassle. In fact it is something we should all think of regularly to make sure you are still on the best available mortgage deal.
Remortgaging
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. For this service a fee of £250 is payable on all standard mortgage applications, £100 for standard re-mortgages and £250 where capital is being raised. All fees are paid on mortgage offer.

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.