Why Should I Remortgage

24th May 2021

Remortgaging is when you apply to move from your current mortgage lender to a new one. There are a number of reasons you might consider doing this, but it’s a huge opportunity to save thousands of pounds a year on your mortgage repayments.

Remortgaging usually happens when you’ve come to the end of your mortgage deal – but there can be other good reasons to switch. If you’ve paid off more of your mortgage, your property has increased in value or you’re worried about a rate rise, remortgaging can be a great way of saving money and giving you peace of mind.

When and why do most people remortgage?

  • Take advantage of low-interest rates
  • Your current fixed deal is up for renewal
  • You want to move from interest-only to repayment
  • You want to be on a better rate than you’re currently on
  • You want to be able to make overpayments
  • You want to borrow more money

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Simon is very proficient and clearly knows his sector very well!! Felt 100% confident with him working on my account. Have already recommended family to use Simon for remortgages and would recommend others in future.

Andy S

June 2020

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