When do I need to remortgage? Typically, you need to remortgage whenever you are approaching the end of your current fixed, capped, or discounted rate period. Once this period ends, you will automatically be switched to your lender’s standard variable rate (SVR), which will usually significantly …
Revisiting 5 Hidden Expenses Of Homeownership
With the mortgage boom in full swing, it stands to reason that you might be dreaming about a new home. However, first time homebuyers need to be aware of the hidden cost of owning that dream home. It's easy to get your emotions out of step with reality. It's something that everyone has done in their …
Remortgaging Deals Aren’t Created Equal – Here’s What You need to Know
Looking at remortgaging is something that a lot of people are doing now. They want to free themselves from a higher interest rate, or just free up some money that can be used to make repairs on the home. One of the top recommendations that we can definitely make to you is that you want to get a …
Interest Only Mortgage Ending Fast – You Need to Remortgage!
Interest only mortgages are a great way to get into your next home. However, that doesn't mean that you want to stay in them until the very end. You need to be thinking about your next move. Gone are the days where people kept mortgages until they were paid off. There's really no way to pay off an …
Deciding Whether to Borrow More When Remortgaging
When you decide to remortgage, you may think that it is a good opportunity to increase your mortgage amount. If you have equity in the house, then chances are that you could be lent more money and so it is not unrealistic to consider it as option, but you need to think carefully. Firstly consider …