Expert Remortgage Advice and Solutions
Unlock Savings and Your Home's Potential with Expert Remortgage Advice and Solutions
If you have a mortgage, you may be paying more than necessary. Regularly reviewing your mortgage could lead to significant savings by either remortgaging or transferring to a better product with your current lender.
Does your home have equity saved up that we can help you release?Here are some common reasons for a remortgage:
- Switch to a better mortgage product
- Consolidate other debts to reduce monthly expenditure
- Funds for home improvements
- Raise funds for special occasions, such as weddings and dream holidays
- Raise deposits for buy-to-let properties, second homes, or holiday homes
- Provide family members with deposit funds for their home purchase
- Purchase a new car
If you're concerned about early repayment charges, check with one of our mortgage experts. In some cases, savings are still possible even with such charges.
Let South West Mortgage Brokers find the best remortgage deal for you. Contact us or call 01392 927327 to speak with an expert advisor.
Remortgaging to Reduce Monthly Expenditure
Why pay more than you have to?Your mortgage is likely the largest outgoing expense, so it should be a priority when reviewing your budget.
Many customers ask us to review their mortgage deals after their fixed or discounted terms end to take advantage of more competitive offers. While this is beneficial for larger loans, it may not always be cost-effective for loans under £75,000 due to remortgaging costs.
Regular Mortgage Reviews Can Save You Money
Lenders often compete for remortgage business, offering low interest rates and contributions towards costs like free valuations and legal fees. Switching lenders or products may save you more over time.
Before moving your mortgage, check for any early repayment charges. It may still be worthwhile to switch, as long-term savings could outweigh the upfront costs.
Wave goodbye to expensive short-term credit!Consolidating Debts
Consolidating debts into a single, more affordable monthly payment may reduce your expenditure. We can help you review your options and provide advice on solutions like secured loans or further advances from your current lender.
Keep in mind that consolidating debts could increase your total debt and interest costs over time, but it doesn't have to be the case! Many clients use their mortgage savings to overpay, reducing long-term interest costs.
Reduce Debts and Pay Less
For more information, see our Debt Consolidation page.
Improving or Extending Your Home
Why move when you can improve?Extending or improving your home can be a more cost-effective option than moving. Whether you need more space or want to increase your property's resale value, we can advise on the best solution, including remortgaging, secured loans, or equity release.
We will provide clear advice on the costs involved and help you save money.
Remortgaging with Our Stress-Free Service
At SWMB, we can quickly identify the best mortgage products for you and make the remortgaging process straightforward and stress-free.
We will guide you through the process, explaining how much you can borrow, the costs involved, and the mortgage products best suited to your needs.
After your mortgage is arranged, we will book a review 3-4 months before your current product expires and reach out to discuss your options.
SWMB has a proven track record of delivering excellent service.We take care of the hard work, so you don't have to!
Contact us today at 01392 927327 or fill out our Online Enquiry Form to get started.
You may have to pay an early repayment charge to your existing lender if you remortgage.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
