Is remortgaging a good idea?? How can Finance4Homes help?

“WE MAY BE ABLE TO GET YOU A LOWER RATE OR APR WITH ANOTHER LENDER”

What is the best way to get a remortgage deal?

When remortgaging, you are switching to another deal and more often than not, to another lender. People remortgage for different reasons but most remortgages can work out cheaper for them and over a period of time.

For example, the rate that you have been on for the past couple of years may be coming to an end and we may be able to get you a lower rate or APR with another lender. This may also be the case should you wish to consolidate debts, however a remortgage may not always be the best option.

Debt consolidation

Debt consolidation is not always the right option for a remortgage, so consolidating debts must be considered carefully. This usually means that more interest will be paid over a longer period and there may well be early repayment charges to pay on your current mortgage, so you must think carefully before deciding to secure other debts on your home. There are a number of ways to manage debt other than remortgaging. There are free debt advice charities for example. You can check these out by going to www.moneyadviceservices.org.uk

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