Remortgaging your home

Remortgaging your home with Greenlight Mortgages

So many people go back to the same lender when remortgaging because they believe it’s the best option. When remortgaging your home, why not look at all the options available before making your decision? It is a very competitive mortgage market and lenders are fighting for your business often offering substantial incentives such as low interest rates and cashback. All lenders have different criteria when remortgaging, especially if you are looking to capital raise for something such as home improvements or to consolidate debt.  Therefore, advice around these areas can be critical to ensure you are making the right decisions and getting the best overall deals.

Remortgaging could, potentially, knock hundreds of pounds off your current monthly payments, as well as possibly reducing your overall term allowing you to become mortgage free sooner rather than later, particularly if you are languishing on the lenders Standard Variable Rate (SVR). Talk to us today to discuss your options of the possibility to save yourself a lot of money.

You may have to pay an early repayment charge to your existing lender if you remortgage

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.