Mortgage next steps
As you approach the conclusion of your fixed-rate mortgage term, it’s natural to ponder the next steps, especially in a climate where interest rates have surged following a period of historic lows. The current economic landscape, marked by a cost-of-living crisis and the highest inflation rates in nearly four decades, adds layers of complexity to […]
Understanding Product Transfers vs. Remortgaging: A Comprehensive Guide
Navigating the mortgage landscape can often seem like a daunting task. However, when your current mortgage deal approaches its conclusion, two primary avenues emerge: a product transfer or a remortgage. Each option comes with its unique set of advantages and considerations. Let’s delve into the differences and the implications of each. What Exactly is Remortgaging? […]
Mortgages could cause household woes
As homeowners, it’s crucial to be prepared for the possibility of an increase in mortgage interest rates. Such increases can impact monthly repayments and overall financial stability. This article will explore five effective strategies to help homeowners navigate potential rate hikes and hence ensure they are equipped to handle higher mortgage costs. Reviewing current mortgage […]
Can your energy efficient home help save money on your mortgage?
Have you ever heard of a green mortgage? They’re steadily becoming a popular option for property owners, as many lenders are adding them to their portfolios. If you’re due to remortgage soon and you have an energy efficient home, it’s well worth considering them as a remortgage option. We explore what they are and how […]
Busting remortgaging myths.
Your circumstances have changed – will you be able to remortgage? We all know life doesn’t stay the same. Our jobs, our relationships, our financial circumstances, they all evolve over time. So if our lives are constantly changing, why should our mortgage stay the same? Your life may have completely altered since you last remortgaged. […]
Why plan ahead of your fixed rate ending?
The earlier you plan your remortgage, the more mortgage options you have! And in the current economic climate, it really does pay to know your options. An expert adviser can find the deal for you. If you’re due to remortgage in the next year or so, take a look at our handy list of does […]
Should I remortgage when my fixed rate ends?
The short answer? Yes. If you don’t remortgage at the end of your term, you will be automatically transferred to your lender’s standard variable rate, which tends to be higher than the rates on most other mortgage options. So if you’re coming to the end of your fixed rate mortgage deal, it’s worth shopping around […]
Getting Ready to (Re)Mortgage
Taking out a (new) mortgage is often a major decision. That means it’s worth taking the time to prepare and do thorough research. Ideally, you should start laying the ground for your mortgage application about 6 months before you apply. This should give you enough time to address any issues before they become a problem. […]
Remortgaging
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”0px|||||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text admin_label=”Text” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” theme_builder_area=”post_content”] [Remortgaging means getting a new mortgage for your existing home. You can do this by switching to a new product with your existing lender or […]
Are you at the end of your deal?
When your current mortgage deal comes to an end you might be tempted to do nothing and simply move on to your lender’s Standard Variable Rate (SVR). However, by doing so you could risk your mortgage rate more than doubling. According to Moneyfacts, fixed mortgage deals taken out two years ago attracted an average rate […]
