Mortgage Assistant - helping you with the mortgage process

Step by Step Guides Remortgaging

Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat.

Sections:

1. Why remortgage?

Remortgaging simply means switching your existing mortgage to a new deal, often to a new mortgage lender.

The main reason to do it is that you could end up saving lots of money by arranging a new deal, with a better interest rate or for a bigger amount.

If you choose to remortgage, you could cut your rate, release equity built up in your property, or move from a variable-rate deal to a fixed rate if you want to manage your budget easily.

Remortgaging can reduce monthly repayments. If this is what you're after, you should look at the rate you currently pay and then see if there are any better rates on the market.

Banks, building societies, specialist lenders and mortgage brokers offer different deals to accommodate your needs. Most lenders charge fees, but some offer fee-free deals for the cheapest remortgage available.

next page

Need a Mortgage?

Recent news

Recent features

  • Too busy to look? An Estate Agent can help.
    Everyone will advise you to take your time, evaluate your options and try to get the most out of it. But, what if you're too busy to take proper care of it? …
  • Conveyancing Explained
    This detailed list should help you check upon any conveyancing work that might be done for you or on your behalf…

Mortgage Tools

  • Mortgage Calc
    This tool enables you to accurately calculate monthly mortgage payments...
Woman on telephone
Click Here
Click Here

Mortgage Assistant uses XHTML and CSS and strives to be as accessible as possible.