Remortgaging

Your fixed rate ends soon, what do you do next?

Are you currently paying too much?

Can you consolidate other debt into our mortgage?

With thousands of different mortgages available it can be difficult to know whether you have the best deal. New mortgages become available every day, with others being removed from the market. In this fast-moving environment, it can be difficult to keep up.

Remortgaging involves moving your mortgage from one lender to another, generally to get a lower rate or a better overall deal.

There are many considerations when remortgaging. For example, those with a smaller mortgage, it may be a better option to take a slightly higher rate with no lender arrangement fee, than to take a lower interest rate from a lender with a loan arrangement fee.

Gareth can look at your current arrangements and determine whether there is something more suitable for you. If there isn’t, then he’ll tell you that too!

It may also be the case that when remortgaging you will not be required to pay valuation and/or solicitors fees, although not every borrower will qualify for this. Once again, Gareth will take the time to understand your specific needs before suggesting the most suitable options.