Remortgaging is the process of switching your existing mortgage to another mortgage lender, usually to lower the amount you’re paying on your mortgage; however, you may wish to shorten or lengthen the term of your mortgage or even borrow more. Most lenders offer preferential interest ratesfor an initial period, after this time the rate usually reverts to a higher rate (the lenders Standard Variable rate) and this could make your monthly repayments more expensive.
We are experienced mortgage advisers, access the Whole of Market and use our expertise and knowledge to obtain the most appropriate mortgage for you.
We can start the process of remortgaging three months before your current deal expires, so that your new mortgage can start on the day your current one expires, meaning you may never need to go on to the higher rate.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME OR PROPERTY. YOUR HOME OR PROPERTY 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 YOU REMORTGAGE