How to switch or raise funds 

People remortgage their properties for a variety of reasons. It may be you want to move to a new lender because an introductory offer has finished and your rate has gone up. Maybe you want to consolidate your debts. Or simply to free up some of the equity in your house to pay for a big expense. Please bear in mind, though, that a remortgage is not always the best answer in all of these circumstances. You should take into account the following considerations if you are tempted by what looks like a lower rate of repayment: 
There may be hidden costs, such as valuation and legal fees, even if you have already paid these for your current product; 
Check the overall repayment period. You may be paying less per month, but has the final repayment date been moved back? 
There may be an early repayment charge for switching from your current lender. 
It is always worth speaking first to your current lender, who may be willing to allow you to switch to a different product relatively easily. Please also consider, if you are remortgaging to consolidate debt, that this may not be the right option for you. You could be looking at increased payments over a longer period and there may be an early repayment fee on your current mortgage. Always look at other options too - and there are free debt advice charities you can consult. 

What our customers say about us 

“Remortgaged residential and buy-to-let properties with Maria, very professional service and kept informed of each step along the way. Would highly recommend her to find you the best product on the market to suit your personal needs.” 
- Steve 
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