Re-mortgaging & Moving

Thousands of people would be better off remortgaging and saving money on their monthly payments.

You should consider remortgaging if:

  • Your mortgage deal has ended and you are paying a monthly payment based on your lender's standard variable rate (SVR)
  • You took out your mortgage when interest rates were much higher and the deals now available make more financial sense
  • You want to borrow a bit more, maybe for home improvements. This could be seen as an investment in the long term as you are borrowing to add value to your home
  • You are moving house and you think you can get a better deal on your mortgage
  • You want to try and consolidate a large debt that you are struggling to pay as it could be a way to lower the cost of your debts. For instance the interest rate on the remortgage will probably be less than the interest rate on a large amount of credit card debt. You should remember though that if you fail to pay your monthly payments, you risk losing the roof over your head
 

Remortgaging?

Check how much you can borrow and how much it will cost using the tools below.

How much can I borrow?

Your income (Gross p.a.):

 

Your partner's income (Gross p.a.):

 

Based on the Information you have given us you could borrow between

£ and £

Speak to London & Country

Call London and Country and they can say how much you could save on your mortgage

Request a callback:

Please enter your contact details to arrange a call back

Book call

Call London & Country:

 
 
 
 

How much will it cost?

How much do you want to borrow?

 

Interest rate?

 

How long do you want to borrow the money for?

 

Based on the Information you have given us your monthly costs will be:

Repayment: £

Interest Only: £

Speak to London & Country

Call London and Country and they can say how much you could save on your mortgage

Request a callback:

Please enter your contact details to arrange a call back

Book call

Call London & Country:

 
 
 
 
 

Fee-free mortgage broker

As always, we recommend speaking to a broker to make sure that you truly get the right deal for you

London and Country


Why we like it:

  • FEE-FREE advice on 0800 9530591
  • contactable 7 days a week
  • excellent iPhone App

Watch out:

  • whilst they are still able to call themselves ‘whole of market’ brokers, some lenders no longer allow their deals to be accessed by brokers

Call London and Country for FEE-FREE advice on 0800 9530591 to see how much you could save on your mortgage.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Go Direct

Remember, there are some mortgage providers who don't use or appear on comparison sites so make sure you check direct with a few to make sure that you are getting the very best rate outside of comparison providers

 

Local mortgage advisor

You could also try looking for an independent mortgage adviser in your area

Unbiased


Why we like it:

  • FREE to use website
  • many local advisors offer great personal service
  • some advisors come to your house

Watch out:

  • some advisers may charge a large fee

Need to know

Before you do anything you need to work out:

  • What you currently owe and exactly what you need to borrow
  • What rate you're paying on your current mortgage
  • Whether or not changing your mortgage will incur any early repayment charges. Changing your deal too soon can amount to thousands of pounds so could wipe out potential savings
 

The inside track

  • Many people are put off remortgaging because it can be a long process
  • If you try and set a reminder 3 months before your deal ends and then speak to a broker, they can do all of the legwork for you
  • Most remortgages will take 6 weeks to complete
 
 

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