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

< Back to News and Blog

financial adviser and I’m so happy with the service provided, firstly by Stephanie, explaining all my options clearly and concisely and helping me get the right mortgage and supporting insurances sorted at the beat rates for me. Secondly Stephanie has a fantastic administration assistant Cara who processed, actioned and chased everything up and kept me informed at every turn. Both Stephanie and Cara sorted out my remortgage and all the insurances set up in just under a month from beginning to end, which I was absolutely amazed at how quick and almost effortless the whole process was. I am very thankful to all at Charters Financial Services for their dedicated and thorough service, their fantastic communication throughout and I can’t recommend them highly enough, and I will be using them again in the future for future mortgages. Thank you Stephanie and Cara

Mark S

April 2020

Get the Right Mortgage Advice