Should you remortgage?

What is remortgaging? It’s the process of taking your existing mortgage on your property and moving it to another lender. This new mortgage then replaces the old one! Remortgaging is beneficial if you’re coming to the end of your existing rate, you want a better deal than your current lender is offering or if you’d like to borrow more money against your property.

Should you remortgage? The best time to remortgage is towards the end of your existing mortgage rate. Although you can do it anytime, you may have to consider early repayment charges. It’s important to consider the best time to remortgage, as failure to do so could see you being moved onto your current lenders Standard Variable Rate, and you could end up paying more.

Should you consider remortgaging?

Is your current deal coming to an end?
Affected by rising interest rates?
Could you get a better rate?
Are you unable to overpay currently?
Has your property increased in value?
Do you want to borrow more?

If you answered YES to any of the above, it could be time to remortgage!

Why choose Mortgage Response?

NismoVoltron311
NismoVoltron311
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Tom was every bit of professional, knowledgable, and went out of his way to always answer any questions we had through the mortgage process. Whether it was prompt email replies or simply speaking over the phone, he was always more than willing to assist. I 100% recommend Mortgage Response to anyone.
Alex Sellers
Alex Sellers
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Worked with Paul who managed to get us 3 ‘wonky’ mortgages and pull a rabbit out of a hat in difficult times. Good communication- good follow up with the mortgage companies- did exactly what he said he would do - highly recommend.
Hollie Lacey
Hollie Lacey
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Tom was absolutely brilliant helped us so much went above and beyond and found us a great deal would 100% recommend.
Sally Underwood
Sally Underwood
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Paul has been professional and friendly through every step of the process. His communication has been clear, quick and thorough. He has been on hand to answer questions outside of normal working hours and has always provided all options available to us. His honesty and clarity has enabled us to make decisions which have led us to finding out first home. Thank you Paul.
John Doe
John Doe@username
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Paul has been professional and friendly through every step of the process. His communication has been clear, quick and thorough. He has been on hand to answer questions outside of normal working hours and has always provided all options available to us. His honesty and clarity has enabled us to make decisions which have led us to finding out first home. Thank you Paul.
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We are a local father and son team who work tirelessly to make sure that you get the best deal on your mortgage. Unlike many brokers, we’re not tied into a small number of lenders. We use the entire market, which makes us more likely to get you a competitive rate!

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