Author: Mortgage Advice Services

How does Releasing Equity by Remortgaging Work?

Your home is your biggest investment. So it stands to reason you should make it work hard for you. Using it to release equity is one way you can by remortgaging or i.e. by using a fixed rate remortgage. If you’ve built up equity (effectively the value) in your home, then you might be in… Read more »

Why Fixed-Rate Remortgages are a Steal Right Now

Are You Considering to Remortgage? Are you considering remortgaging away from your Standard Variable Rate (SVR)? If you’re tempted to lock into a safe fixed-rate remortgage, our word to the wise is this: Act fast! Right now is a superb moment to shift to a fixed-rate remortgage if you’re looking to save money on your… Read more »

5 Reasons so Many of Us are Remortgaging & Revamping

An Englishman’s home is his castle, so the saying goes. These days, it seems, more of us are upgrading our ‘castles’. How? We’re financing improvements through easy remortgaging. Figures show there’s a new trend for revamping rather than moving to a new home. In fact, more UK homeowners than ever are choosing to stay put… Read more »

Why You Could Be in for a Shock if Your Two-Year Fix is Ending

Did you take out a two-year fixed mortgage or remortgage in 2017? Then congratulations. But we’ll temper our compliment with some advice. You need to take action and soon – or you could be in for a shock. If this was you, then you were fortunate enough to get your hands on a two-year product… Read more »

Why the FCA says We’re Too ‘Short-Termist’ when We Remortgage

Did you know that we tend to base our remortgaging decisions on gut instinct, rather than hard fact? What you’re about to read might make you rethink your next choice of remortgaging product. A recent report for the Financial Conduct Authority has some fascinating findings. They reveal how we could be making wiser decisions when… Read more »

Why if You’re Not Remortgaging You’re Likely to Be ‘Leaking’ Money

This post is valuable for any homeowner who is on their lender’s SVR (Standard Variable Rate) with their remortgage right now. If that’s you, then you might be on a SVR for various reasons. You may not even be aware you’ve been demoted to the SVR. Perhaps you’re on a SVR after finishing your introductory… Read more »

Clear Answers to the 12 Most FAQs on Remortgaging

Mortgage Advice Services provides Clear Answers to the most common FAQ’s on Remortgaging. 1. What happens When You Remortgage? It’s the process you go through when you switch your existing mortgage to another lender, or remortgage with your existing mortgage provider. However your existing provider may not have the best deal for your circumstances. 2.… Read more »

6 Solid Reasons for the Surge in Popularity of the 10-Year Remortgage Fix

Research shows that now more than a third of homeowners with mortgages would consider a 10-year fixed remortgage product. If the idea of such a long fix sounds daunting, read on. You might change your mind – particularly if you’re settled and pretty sure of staying put over the next decade. Over recent years, two-year… Read more »

How to Pass the Affordability Tests for Remortgaging with Flying Colours

If you’re getting ready to remortgage, you’ll know you’ll soon have lender affordability tests to pass. This is the case whether you are remortgaging with your existing lender or switching to a new one. The UK’s mortgage market review regulator introduced new rules on affordability for homebuyers and re-mortgagors in April 2014. Ever since then,… Read more »