Tag: Remortgaging

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 »

How to Reduce the Stress of the Remortgaging Experience

Does the prospect of going through a remortgaging exercise fill you with panic? You’re not alone. Recent research shows that “one in four homeowners experienced stress during their most recent mortgage application”. That is the equivalent of 2.5 million people. The main reasons people gave was a lack of communication and transparency from lenders. Other… Read more »

The Real Reasons Why Remortgaging is Such a Shrewd Investment

You might not consider your mortgage a savings vehicle. But right now, in times of increasing inflation, that’s exactly what remortgaging is. Listen to what savings expert Monevator states. “An affordable mortgage secured on a real asset – a house – is an excellent thing to have at times of high inflation.” The UK economy… Read more »

Over 55 and Among the One in Four Missing Out by Not Remortgaging?

New research shows that more than 70% of homeowners haven’t considered remortgaging. That’s despite an average £439 savings a month available to them. Yet remortgaging deals currently available are some of the lowest in the last 10 years. These Statistics are Important if You’re Aged over 55. They show that mortgage providers have failed to… Read more »

Why Remortgaging Your Home Now is such a Good Investment Decision

Whether you’re a lion or a mouse when it comes to investing, hopefully you can spot a good opportunity when it happens. UK interest rates are still at 0.25%. This is their lowest level since the Bank of England was established in 1694. On the back of this, available rates for remortgaging your home have… Read more »

5 Questions to Ask Yourself Before You Remortgage

1. Should I Be thinking about Remortgaging Now? That depends on your current mortgage situation. One of the strongest reasons to remortgage is that you can switch your current mortgage to a new product with improved terms and conditions. This can mean you’ll have a lower interest rate, lower fees and smaller monthly repayments. It’s definitely… Read more »