What does it mean to remortgage?
REMORTGAGE
Remortgaging is the process of switching to a new mortgage deal with a new lender.
The most common time to remortgage is when the fixed or introductory rate on your mortgage ends. Most people start to look around at alternative lenders and interest rates around three to four months before their current deal ends.
So, whether you`re looking to raise cash from the equity in your house for home improvements, looking to switch to a more flexible mortgage product or simply looking for the best mortgage rate as your current mortgage deal is about to expire. We can help you.
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Did you know?
As of March 2019, 10-year fixed mortgage rates were at their lowest since recording began by the Bank of England at just under 2.6 percent.