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 to it.
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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 to it.
Regularly reviewing your mortgage and the mortgage market makes good financial sense.
Residential remortgaging is the process of replacing your current mortgage product with a new product, usually either to switch to a better rate or release capital. The process is usually quick and easy, the legal aspect is simple, and doing so can ultimately put you in a much better position.
You should be considering a residential remortgage if any of the following apply:
It is always worth talking to your existing lender to see what they will offer.