Remortgaging may involve getting a better deal from your current lender, or it may mean changing lenders if there are more competitive rates available on the market.
A remortgage is often a suitable way to repay other debts such as personal loans or credit cards, reducing your monthly outgoings, often the interest you are paying and allows a fixed monthly payment that reduces your balance. It also may be a way of paying for home improvements such as a conservatory a loft conversion.
The overall cost for comparison is 5.5% apr.
*YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOANS SECURED ON IT.
(Re)Mortgages & Homeowner Loans are undertaken by our in-house Mortgage Advisors at Moneycall Limited which is Regulated & Authorised by the Financial Services Authority
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