Remortgaging is where you switch the mortgage on your home to another lender. It effectively means replacing your current mortgage contract with a new one.
Rate Switching

Rate switching is where you choose a new deal with your existing lender. It effectively means replacing your current mortgage deal with a new one.
There are many reasons why you may want to remortgage your property; you might want to find a better mortgage rate or may want to free up some money for improvements or other purposes. No matter what your reason may be, it's important to speak to an adviser beforehand.
If you have ‘equity’ in your home – that’s when the value of your property is higher than the amount you owe on your mortgage – you might be able to move to a larger mortgage.
Depending upon your existing contract, it's possible that refinancing your mortgage could reduce the rate of interest that you are paying.
Remortgaging is especially popular during periods where the Bank of England Bank rate is low, as it can reduce monthly outgoings and potentially reduce the overall amount you need to pay back.
Speak to Mark Gilruth today on 01302 244 977 to start to discuss your options.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.
A buy to let mortgage will be secured against your property. 
  • First Time Buyers
  • using a Help To Buy scheme
  • Self Employed
  • Moving home
  • remortgaging
  • Buying to let

Ready to Talk?

Thank you ! We have received your message.

Or call us now on 01302 244 977