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Friday 2 October 2020
Friday 2 October 2020
Friday 2 October 2020
Friday 2 October 2020
Are you considering remortgaging your home? Our expert advisors are here to help. By comparing products from a wide range of lenders across the market, we can ensure you secure the best remortgage deal tailored to your specific needs and circumstances. From assessing how much you can remortgage for to guiding you through the entire process, we are committed to making it as smooth and beneficial as possible.
Why Consider Remortgaging?
According to a study by Ipsos Mori for Panorama, 31% of people who rent or have a mortgage find that their payments account for more than a third of their household income. Even if your payments fall below this threshold, reducing your mortgage costs could significantly boost your family finances and personal wealth.
Understanding the Costs of Remortgaging
While remortgaging can lead to significant savings, it’s important to be aware of the associated costs. These may include:
Valuation Fees: Your home will need to be revalued.
Legal Fees: Processing the paperwork involves solicitor fees.
Early Exit Fees: If you leave your current mortgage early, you may need to pay a penalty.
Arrangement Fees: Some lenders charge fees for setting up a new mortgage.
Staying on your lender’s Standard Variable Rate (SVR) might be more cost-effective if the costs of remortgaging outweigh the potential savings.
The Golden Rule of Remortgaging
When considering remortgaging, always compare the total costs against the potential savings. If the savings are greater than the costs, remortgaging could be a smart financial move. If not, it might be better to stay on your current plan.
How We Can Help
Our qualified financial advisers are here to:
Compare Lenders: We’ll search the market for the best deals available to you.
Provide Personalised Advice: Tailor the remortgaging process to your unique circumstances.
Simplify the Process: Assist with paperwork and ensure a hassle-free experience.
Get in Touch Today
If you’re interested in exploring remortgaging options or need professional advice to decide if it’s right for you, contact us today. Let us help you find the best solution to improve your financial well-being.
Are you considering remortgaging your home? Our expert advisors are here to help. By comparing products from a wide range of lenders across the market, we can ensure you secure the best remortgage deal tailored to your specific needs and circumstances. From assessing how much you can remortgage for to guiding you through the entire process, we are committed to making it as smooth and beneficial as possible.
Why Consider Remortgaging?
According to a study by Ipsos Mori for Panorama, 31% of people who rent or have a mortgage find that their payments account for more than a third of their household income. Even if your payments fall below this threshold, reducing your mortgage costs could significantly boost your family finances and personal wealth.
Understanding the Costs of Remortgaging
While remortgaging can lead to significant savings, it’s important to be aware of the associated costs. These may include:
Valuation Fees: Your home will need to be revalued.
Legal Fees: Processing the paperwork involves solicitor fees.
Early Exit Fees: If you leave your current mortgage early, you may need to pay a penalty.
Arrangement Fees: Some lenders charge fees for setting up a new mortgage.
Staying on your lender’s Standard Variable Rate (SVR) might be more cost-effective if the costs of remortgaging outweigh the potential savings.
The Golden Rule of Remortgaging
When considering remortgaging, always compare the total costs against the potential savings. If the savings are greater than the costs, remortgaging could be a smart financial move. If not, it might be better to stay on your current plan.
How We Can Help
Our qualified financial advisers are here to:
Compare Lenders: We’ll search the market for the best deals available to you.
Provide Personalised Advice: Tailor the remortgaging process to your unique circumstances.
Simplify the Process: Assist with paperwork and ensure a hassle-free experience.
Get in Touch Today
If you’re interested in exploring remortgaging options or need professional advice to decide if it’s right for you, contact us today. Let us help you find the best solution to improve your financial well-being.
