Specialist Remortgage Advice
The principal reason homeowners choose to remortgage is to save money. You may be coming to the end of your current mortgage deal, or be unhappy with the existing lending rates of your mortgage. At Approachable Finance we weigh up the pros and cons of remortgaging and offer our clients unbiased advice to get you the best possible deal.
Our first step is always to review your current deal and see if that can be renegotiated with your lender. There are generally charges for moving lender, so if possible, it may be best to stay with your current provider and still save money.
Things to Consider when Remortgaging
Your Reason for remortgaging
Developing a clear picture of your income, outgoings, future financial plans and savings, helps to build a picture of the type of remortgage deal best suited to you. We take the time to get to know our clients’ financial circumstances before starting to source deals. In many cases homeowners are may be just looking for a better deal, but this is not always the case. Perhaps you want release equity in your property, or switch to a fixed or capped rate mortgage that provides security in the certainty of the repayment costs.
The Costs (Now and in the future)
We help clients work out which remortgaging deals will save them money. Although the cheapest deals may appear to be the best option, you might find yourself struggling to pay a variable rate mortgage should the interest rates rise sharply. Seeking specialist advice works in two ways:
- We’ll help you find the best deals out there, and tell you what savings can be made
- We’re with you through the process, providing peace of mind that everything is being done properly and with your best interests in mind.