Mortgage and Insurance Advisers



What Is a Remortgage?

Remortgaging is the process whereby your current mortgage is amended which involves moving from your current lender to another. Speak to a member of our team and find out how we can help you with remortgaging your home.

Why Would You Remortgage Your Home?

Our mortgage advisers take care of the whole remortgage process by looking at what we can negotiate with your current lender and then directly comparing this rate with the wider mortgage market, ensuring you benefit from the most cost-effective remortgage option. This would usually occur when you are reaching the end of your tie in period with your current lender, although there are no restrictions on when you can look to remortgage your home at anytime.

In addition to simply looking for the very best new deal on the market, you can also remortgage your home for a variety of other reasons. This could be to release capital for home improvements or additional property purchases, consolidate debts, lower your repayments or secure a long term deal for peace of mind. Whatever your reason for remortgaging your home, we will be there to help you offer advice on remortaging.

Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.’

When Should I Look at Remortgaging?

If you are looking at remortgaging your home then you will need to factor in the time for a lender to agree to your mortgage, as well as any legal work that would be required to be completed in order to switch your mortgage.

As a rule of thumb, we would recommend speaking to one of our remortgaging advisers at least three months before your mortgage tie in period is due to expire, for complete peace of mind in ensuring you avoid going onto the lenders’ standard variable rate.