Why Remortgage?

Remortgaging means moving your mortgage from one lender to another to get yourself a better deal. And you don't even have to move house to do it.

There are many reasons why remortgaging could make sense for you:

•            You just want a better deal with a lower interest rate.

•            You need a more flexible deal with additional payment options.

•            You've come to the end of your initial Fixed Term deal.

•            You want to consolidate or rearrange all your finances.

•            You want to save money on your monthly repayments.

•            You want to borrow more to use the money for a project or home improvements.

•            You want to use some of the equity in your home rather than take out an additional loan.

•            Your current mortgage no longer suits your needs.

•            You have inherited some money and wish to reduce the amount you have borrowed.

•            Your credit rating has improved so you may get a better deal.

Think carefully before securing other debts against your home.

You may have to pay an early repayment charge to your existing lender if you remortgage.