People generally remortgage for 3 reasons:
- Release equity from your home, for a variety of reasons, i.e. improve your home, give cash to children to help them get on the property ladder themselves, purchase a Buy To Let etc.
- Improve your current mortgage deal, i.e. receive a better interest rate, lower monthly payments, reduce your mortgage term etc.
- Reduce your monthly outgoings, by consolidating credit cards, loans etc.*
We will search the market for the right lender for you, whatever your situation. Many lenders also offer remortgage incentives such as free valuation and free legal fees, which may make it even cheaper to move your mortgage. We will ensure that we find the right mortgage to suit your needs.
*You may potentially pay more interest by consolidating debt, if the loan is increased and/or the term is extended.
Think carefully before securing any other debts against your home.