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Prism Financial
Remortgaging is a process when you change the mortgage you have currently on to a new deal, this can be done with the current lender or you can look to move the mortgage to another lender. At the outset, a mortgage lender would offer a 2 year or 5-year... moreRemortgaging is a process when you change the mortgage you have currently on to a new deal, this can be done with the current lender or you can look to move the mortgage to another lender. At the outset, a mortgage lender would offer a 2 year or 5-year deal at the end of which the rate of interest would usually revert to a higher standard variable rate. Going on to the Standard Variable Rate results in higher monthly repayments, hence one of the primary reasons for people to Remortgage, is to save money.
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June 21, 2021
We are specialist Mortgage Brokers for First Time Buyers and Remortgages. Our Mortgage Advisors will help you find the best Mortgages for your needs! Contact Us and get the best Mortgage Deals.
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