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Tuesday 8 December 2020
Tuesday 8 December 2020
Tuesday 8 December 2020
Tuesday 8 December 2020
If you're thinking about remortgaging, our expert advisors are here to guide you through the process. By comparing products from a wide range of lenders across the market, we ensure that you get the best remortgage deal tailored to your unique circumstances.
Why Consider Remortgaging?
Remortgaging can offer significant financial benefits:
Save Money:
According to a survey by Ipsos Mori for Panorama, 31% of people who rent or have a mortgage find that their payments take up more than a third of their household income. A better mortgage deal could free up money for other expenses or savings.Lower Interest Rates:
Many lenders attract new customers with competitive introductory rates, which typically last for two to five years. Switching to one of these rates after your initial term could lead to substantial savings.Release Equity:
If your property's value has increased, remortgaging could allow you to release equity for home improvements, investments, or other expenses.
The Costs of Remortgaging
While remortgaging has the potential to save you money, it's essential to consider the associated costs:
Valuation and Legal Fees:
Just as when you first purchased your home, you may need to pay for a property valuation and legal services.Exit Fees:
Your current lender may charge an exit fee or early repayment charge to close your existing mortgage.The Golden Rule:
Always calculate the total costs of remortgaging and compare them to the savings on offer. If the costs outweigh the savings, staying on your current standard variable rate (SVR) may be the better option.
How We Can Help
Our team will:
Assess how much you can remortgage for.
Manage the entire process from enquiry to completion, working with solicitors, surveyors, and any necessary third parties.
Ensure your transition is smooth, hassle-free, and financially beneficial.
Get in Touch for Tailored Advice
If you’re considering remortgaging or need guidance on your financial options, contact us today. Our advisors are ready to provide expert support to help you achieve your financial goals.
If you're thinking about remortgaging, our expert advisors are here to guide you through the process. By comparing products from a wide range of lenders across the market, we ensure that you get the best remortgage deal tailored to your unique circumstances.
Why Consider Remortgaging?
Remortgaging can offer significant financial benefits:
Save Money:
According to a survey by Ipsos Mori for Panorama, 31% of people who rent or have a mortgage find that their payments take up more than a third of their household income. A better mortgage deal could free up money for other expenses or savings.Lower Interest Rates:
Many lenders attract new customers with competitive introductory rates, which typically last for two to five years. Switching to one of these rates after your initial term could lead to substantial savings.Release Equity:
If your property's value has increased, remortgaging could allow you to release equity for home improvements, investments, or other expenses.
The Costs of Remortgaging
While remortgaging has the potential to save you money, it's essential to consider the associated costs:
Valuation and Legal Fees:
Just as when you first purchased your home, you may need to pay for a property valuation and legal services.Exit Fees:
Your current lender may charge an exit fee or early repayment charge to close your existing mortgage.The Golden Rule:
Always calculate the total costs of remortgaging and compare them to the savings on offer. If the costs outweigh the savings, staying on your current standard variable rate (SVR) may be the better option.
How We Can Help
Our team will:
Assess how much you can remortgage for.
Manage the entire process from enquiry to completion, working with solicitors, surveyors, and any necessary third parties.
Ensure your transition is smooth, hassle-free, and financially beneficial.
Get in Touch for Tailored Advice
If you’re considering remortgaging or need guidance on your financial options, contact us today. Our advisors are ready to provide expert support to help you achieve your financial goals.
