If you are currently paying the standard variable rate of interest on your current mortgage, it is possible you are paying more than you need to on your mortgage. It is not unusual for us to save a client money when they remortgage.
If you have a credit card or other loan commitments you may be able to consolidate these on to your mortgage. A consolidation remortgage can often result in good savings on your monthly outgoings. Debt consolidation remortgages may not be beneficial to everyone. For more precise details contact us for a free no-obligation review of your current situation.
If you are thinking of consolidating existing borrowing you should be aware that you will be extending the term of the debt and increasing the total amount you repay.
Many people remortgage for home improvements, to purchase another property, to pay for a foreign holiday or new car. Why pay high interest rates, when you can take advantage of low mortgage rates and still pay off the loan over a short period if you wish? A remortgage today could save you thousands over the lifetime of your mortgage.
With a lower interest rate you could use the savings to pay off your mortgage faster. Even relatively small savings can make a big difference to the term of the loan if they are re-invested into the mortgage.
We specialise in all types of mortgage and remortgage, arranging a mortgage or remortgage can be difficult at the best of times.
IMPORTANT NOTE: Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.