Remortgage

Re-mortgaging is something you must always think about.  As the market changes and your specific life circumstances also change then it may mean it is time to look at changing your mortgage. The market is always changing with new things on offer all of the time. It may be that there are better rates and products out there which you can benefit from. Many people remortgage every few years.

By remortgage you may be able to:

• Move away from high variable or fixed rate interests and look to save money
• Reduce your monthly payment
• Raise more money
• Consolidate your debts so that you could release some much-needed equity to use to pay off, for example, any credit card loans or other loans.
• Taking out a larger mortgage could release extra cash. This extra cash could be spent on home improvements.

In some cases, re-mortgaging can help you save a significant amount of money. Sometimes your financial circumstances will change which will compel you to look at remortgage, for example, you may need a mortgage with lower monthly payments. That is where Finbud will assist you in finding the right mortgage to suit your needs.

There will be costs involved including possible penalties paid, but we will assist you in weighing the advantages against the disadvantages of a new mortgage offer and will then advise on which way to proceed in order to obtain the most cost-effective solution for you in the longer term. There are now more mortgage lenders offering specialist re-mortgage services and many with free legal and arrangement fees. You can also benefit from this!

Finbud has wide-ranging access to a huge market to ensure that it finds you the right mortgage that will certainly better what you are receiving with your current mortgage lender.