Remortgaging

In times of uncertainty, you want to know all your options when it comes to remortgaging. As your mortgage broker I will help you consider current circumstances and relevant future plans before recommending the most suitable deal available to you. Remortgaging is an opportunity to review your lender, product and term potentially up to 6 months before any product maturity.

When a mortgage product matures with no new deal in place it’s transferred onto the lender's standard variable rate which can mean increased monthly repayments.

Most lenders will typically offer you an option on new products 3 to 4 months before the current deal ends. I will explain what you are being offered to stay and compare that with any equivalent on the market. If staying is the best option I would complete a “product transfer” with the current lender on your behalf, making sure you move on to the best deal the day after the current product expires.

You may have considered remortgaging as a way to consolidate other financial commitments or pay for home improvements. This is something we can discuss during the initial chat and take into account during the full mortgage review.