Are you paying too much for your mortgage? If you are not sure, then you need to read on.
If you have been with you existing lender for longer than 2 years and are not part of a fixed/discounted rate deal, you may find you find you are paying too much.
Remember, its easy to find out how much you can save each month, just click on our payment calculator of your new monthly payments. Its not difficult to switch, its virtually hassle free and often FEE FREE.
The most popular reasons for remortgaging are : home improvements, debt consolidation and securing a better rate. Extra funds can also be raised to purchase a car or finance a dream holiday.
If you consolidate your existing financial commitments you should be aware that whilst this may mean you will make short term savings, over the long term you may end up paying more. This is because you may be extending the period of the loan. You are also transferring previously unsecured debts to a mortgage which is secured on your home.
The overall cost for comparison is 5.75% APR. The actual rate will depend on your circumstances. APR is variable, and based on a usual case.
Ask for a personalised illustration.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.