You don’t have to stay with the same product or provider for the entire term of your mortgage. You should regularly review your mortgage and check whether it is still the right mortgage for you, and that your rate remains competitive.
A re-mortgage is when you change your mortgage lender without moving home. The reasons you may re-mortgage are usually to raise more money, secure a better rate of interest or to repay some debt.
By speaking to one of our advisors before re-mortgaging your home, you can choose from a wide selection of products with as little effort as possible. We will guide you through the whole process and help you select the best deal for your circumstances.
YOU SHOULD LOOK TO REMORTGAGE IF...
Your current deal is about to end
You are worried about interest rates increasing
Your home’s value has increased considerably
You want a better rate
You want to make overpayments
Your home may be repossessed if you do not keep up your repayments on your mortgage.
Some buy to let and let to buy mortgages are not regulated by the Financial Conduct Authority.