When you remortgage, you are switching your mortgage to another deal, and frequently, another lender.
Remortgages can be used for various reasons. However, most people simply switch mortgages because it will work out cheaper for them. For example, the introductory discounted interest rate may have finished with your current lender; therefore you could potentially get a new discount rate, or a lower APR, with another lender. Another example is when you may need to re-mortgage to consolidate debts.
SPECIAL: In light of the current situation, we are now offering Fee-free switching. If we can save you money by transferring your existing mortgage to a different product with your current lender, we will waive our usual fee of £500.
Use our handy mortgage calculator
To see how much you could save, enter your mortgage details and hit ‘calculate’. Try adjusting the interest rate to see how this impacts your payments over the term. If you have any questions, or to see if we could help you save money on your monthly outgoings, please call us on 0333 320 8300
We don’t charge for our advice. Instead, we simply charge a fee for processing your mortgage application. Our typical fee is £500, however the actual fee will depend on your circumstances.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT.
Have a Question?
If you’re a looking to remortgage and want award-winning, no-jargon advice about the most competitive deals on the market, why not get in touch?