When your existing mortgage deal is due to end and revert onto the lenders standard variable rate, this may result in a sharp increase in your revised monthly mortgage payments.
We recommend you chat to us four months prior to your initial rate ending to ensure there is sufficient time to switch to another deal or lender. There are plenty of reasons why you might want to consider a remortgage as well as sourcing a better interest rate:
- Release equity for Home improvements
- Reduce your mortgage term, which will result in saving you £1,000’s in the long term
- Pay off more expensive debts
Whatever your requirements, we are here to help.