Fee Free RemortgagesWhy would you need to remortgage?
Remortgage to save moneyThe main reason to remortgage your home is that the current fixed rate deal has either expired or is expiring within the next 3-6 months. If you are on the standard variable rate (SVR) with your lender then you a probably paying more per month than you need to. Sometimes your current lender has the option to switch to another product with them. What if the lender which was competitive 2 years ago isn't as competitive now? Remortgaging to a new lender can lead to significant monthly savings. Especially if the value of your home has increased. In many cases the new lender will give a free valuation and free legals, which means you don't have to find or pay for a solicitor.
Remortgage for Home ImprovementsAre you looking to update or extend your current property? This could be anything from a new kitchen and bathroom to adding an extension or loft conversion. A remortgage can provide the funding for this type of work. Many lenders will need to see quotations for the work being done.
Remortgage for debt consolidation
If you have other debts such as personal loans, credit cards or car finance it can be possible to add these to your mortgage debt and make significant savings on your monthly outgoings. Debt consolidation isn't something to take lightly - you need to have advice if you are considering this.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Call Andrew Timmins on 07904 113208 to discuss your requirements or send an enquiry by email YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE |
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Andrew Timmins is a registered individual of Premier Financial & Estate Planning which is authorised and regulated by the Financial Conduct Authority FCA 566936