Compare Remortgage Deals
Getting a remortgage could help you get a better deal on your mortgage by reducing your current payments and freeing up funds which could be used or saved elsewhere. Effectively a remortgage is the transfer of a mortgage from one mortgage lender to another. Reasons for remortgaging might include:
- Reducing monthly repayments to your current lender
- Raising capital to pay off debts or for some other purpose e.g. home improvements
If the fixed or discounted period of your current mortgage is coming to an end then you will be moved to your lender's standard variable rate which may mean your monthly mortgage repayments go up in some cases significantly. In this respect you may wish to investigate the merits of a remortgage either with your current lender or a new lender. It is important to remember that there will be fees associated with a remortgage which will depend on the type of remortgage deal you opt for.
If you require independent remortgage advice click here for details or call our independent mortgage team on 0117 332 6063.