With so many mortgage products available on the market, your current deal might not be the best one available for you.
Whether a change in circumstances has made it tough to cover your existing repayments, or your household income has increased and you’d like to be able to pay off more each month to keep your interest down, there are lots of reasons to switch. Mortgages Now’s advisors have the in-depth knowledge of the current market needed to find the best deal for you.
Remortgaging is when you move from one mortgage product to another. This could mean moving to a different lender, or staying with your current lender but switching to a different mortgage deal.
For most people, their mortgage is their biggest important financial responsibility, so making sure you’re able to afford the repayments and save money wherever possible is well worth doing. But with so many mortgages available, it can be hard to know where to start. That’s where Mortgages Now’s impartial advisors come in. Based in North-East England, we’re on hand to offer expert advice unique to your situation.
There are lots of reasons why you might choose to remortgage:
- Your discounted rate is coming to an end
- You’re looking to secure a better rate on your mortgage
- You’d like to switch to a different type of mortgage
- Your financial circumstances have changed
- You’d like to borrow money for home improvements
By seeking out professional remortgage advice, you can be assured that the new mortgage you choose is right for your needs, getting you a great deal on the most suitable solution.
There are some instances where remortgaging might not be beneficial, such as:
-Your current mortgage has high early repayment penalties
-The current interest rate is higher than when you took out your initial loan
-There isn’t much equity left in your home.
Our expert remortgaging advisers will discuss your current situation and recommend the right options for you from the thousands of products available on the market, even if that means sticking with your current mortgage deal.
Depending on your reasons for looking to free up some of your money, remortgaging may or may not be suitable for your situation. It’s important to weigh up the pros and cons of remortgaging to assess whether now is the right time to make the switch. Mortgages Now advisers are able to offer unbiased advice, to help find the right product for you.
Talk to Mortgages Now and benefit from:
Based in North-East England, we support customers in Newcastle upon Tyne, Sunderland, Gateshead, South Tyneside, County Durham and the surrounding areas.
Why choose Mortgages Now?
We’re rated 5 stars from 100+ clients on Google, giving you the peace of mind that Mortgages Now is a name you can trust. Our job is to find the right mortgage products for your situation, while delivering exceptional customer service that makes the entire process a breeze.
Check out our reviews and you’ll see that we do all this – and more!
With offices covering the whole of North-East England, including Newcastle upon Tyne, Sunderland, Gateshead and South Tyneside, and County Durham, Mortgages Now’s passionate advisers are here to help.
We’re dedicated to finding a mortgage deal that works for your current situation, so you’ve got more spare cash and less to worry about. Simply get in touch with us and we’ll be happy to offer impartial, expert advice.
