Re-mortgaging is the process of taking out a new mortgage on a property that you already have an existing mortgage on or own. A lot of good mortgage deals may last only a limited amount of time, after which you will go on to your lenders standard variable rate (SVR).

Is it right for you? Here's what you need to weigh up..

You may be able to switch to a better mortgage, saving you money

Remortgaging allows you to switch to a plan more suited to your current situation


Some lenders have hefty agency and early repayment fees, so it may not actually save you much money

If you have had some credit issues since taking out your previous mortgage, lenders may not accept you

Comments are closed.

Get Free Expert Advice Today

Fill in our enquiry form

Advice from a qualified broker can be very beneficial and its 'FREE'. Take advantage today.

Let us call you

We know how busy a week can be. Let us work round you and provide us with a suitable time for us to call you back.