REMORTGAGE MY HOME
Whether you’re looking to pay off an existing mortgage or to release some capital, when it comes to remortgaging your home, timing is everything. If you are approaching the end of a fixed rate period, it is important to start the remortgage application early to avoid any unnecessary costs when reverting to a standard variable rate of interest, which may be higher.
You may wish to consolidate existing debts, shorten the term of your current mortgage or use any increase in value of your house to reduce your mortgage repayments. At Orwell Mortgages, we are here to ensure that whatever the reason, we will endeavour to find you the mortgage that suits your needs.
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.