One of the primary reasons people switch mortgages is to save money, perhaps your current deal is on a higher interest for example. The savings can add up, get in touch to see if you can save you money based on your current mortgage.Read More
What is a Remortgage ?
Remortgaging is the process of switching your existing mortgage deal to another mortgage deal which can save you money based on your existing deal or can offer you the opportunity to increase the amount borrow based on the equity you have on in property and affordability.
The ability to switch your mortgage will depend on how long you have had your existing deal. Typically there is a minimum period of time before it’s possible to switch. On average this can be 3-5 years but varies according to your current lenders criteria.
Remortgaging is an excellent way to save money and the simple question is would the money be better off in your pocket or your current lenders ?
Simply request a callback, it’s quick and easy, if you are able to switch, we’ll take some required details, discuss your options for remortgaging, for example you may be looking to lower your existing repayments or to borrow more based on the equity you have in the property.
Benefits of remortgaging
Switching your existing mortgage can offer a different advantages depending on what you are looking for.
- Lower interest rate
- fixed interest rate
- Borrow money based on the equity you have in your property
Your current mortgage could be costing you money every month compared to a more favourable mortgage based on the current financial market.
We can quickly show you how much you could save, what interest rate we can offer or how much you could borrow by remortgaging. The best part is it is free to find out so why not complete the form or call us today with no obligation.