Why would you remortgage?

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Some people remortgage because they wish to switch lenders to get a better deal on their mortgage or wish to raise further capital for home improvements. By remortgaging it may add flexibility that you did not have in your current deal. Some will remortgage to consolidate debt.

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It is important to check the costs of switching as you may find that the fee exceeds the saving. If you switch early from your deal you may incur an Early Repayment Charge.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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