You may be approaching the end of your current fixed rate. This is when you can either remortgage to a new lender or switch your current deal with your existing lender. When you remortgage you could:
· Transfer your existing balance and term to a new lender
· Change the term of your mortgage
· Raise capital to make home improvements
· Raise capital to repay unsecure debt
· Raise capital for other purposes such as a family wedding or a holiday of a lifetime.
We will advise you of the pros and cons of each scenario and whether raising capital against your home is the right thing for you.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £395.