Remortgages

Remortgage overview

Remortgaging is changing mortgages without moving home. The main reason for remortgaging is to obtain a saving by switching to a new mortgage product that offers a lower rate of interest. The process of switching may involve moving to another lender or simply altering the product taken with your current lender.

Obtaining a remortgage with your existing lender would involve changing your deal - for instance changing from the lender's standard variable rate (SVR) to a fixed rate. If you are currently paying your lender's SVR then your mortgage lender probably has several other more attractive deals available. If you are currently on a lender's SVR then it is quite possible that you can change mortgage and/or provider without incurring a redemption penalty.

Remortgage options

The Financial Services Authority suggests that before you consider taking out a long term financial product such as a remortgage that you may wish to consult a financial advisor. Our fully independent financial adviseos have a great deal of experience of working with clients to research the remortgage market and find a product that is right for them.

Free remortgage consultations

Our aim is clear, to provide remortgage advice that best fits our clients’ needs. We are able to do this as we are fully independent. We search the entire market to recommend the right product. We offer free consultations to allow you to discuss your remortgage requirements with us. During this consultation, our financial advisors will discuss every element of the particular remortgage arrangement to allow you to make an informed decision as to the best way forward. To arrange your free consultation please >click here.

Please note: Your home may be repossessed if you do not keep up the repayments of a mortgage or loan secured on it.