You might want to change your mortgage for a variety of reasons. The most common reason why people want to switch, is that the mortgage deal you have might have been competitive when you first got it but a better deal now might save you a lot of money.
It’s always best to review your mortgage deal regularly, most often you will stay with your existing lender but look at taking out a new product with them.
Product Switch Mortgages
At the very least, it’s best to review your mortgage:
When interest rates change
This will affect how competitive your current deal is
When your current deal comes to an end
Your rate may increase after this period
Once a year
If you’re not tied in to deal with any early repayment penalties, it’s always worth checking out new deals on the market.
Why Choose Us?
We love to hear, give us a call, or fill in our contact form so we can see where you are on your mortgages journey. The more details the better!
One of our advisers will get in touch and have a chat about what you’re looking to do, discuss your potential options and carry out an assessment of your financial circumstances.
It may be harder to get a deal if your financial circumstances have changed: for example, your employment status is different, you’re on a lower income or there’s been a significant increase in your monthly outgoings.
We’ll look at different mortgage options, different types of mortgage deals and discuss which would work best for you.
Sit back and relax, your trusted advisers will help sort everything out.