Remortgaging is where you can move your mortgage to a new lender. Unlike current accounts and utility contracts, this switch usually has to be carried out by paying off the existing mortgage with the funds from the new mortgage rather than simply moving it to a new provider. People like to do this to potentially save on the monthly costs, You may be able to secure a future fixed rate with known costs. With doing this you can also release funds to help pay for other things like a car or a house extension.
When you come with us our lenders will look at several lenders from across the market to compare products to ensure you get the best remortgage product that suits your circumstances. We can check to see how much you can remortgage for we can assist you with the process from enquiry to completion.
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