THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Many mortgage loans offer specific rates that are only valid for an initial period of time. When the period expires you could be switched to a less competitive alternative product. Unless you take the trouble to have this reviewed you may have to pay much more over the years to reduce your mortgage debt.
Having to remortgage every few years is a complete pain – before you know it, it is time to start again researching and evaluating the different mortgages on offer from all the different lenders.
Our mortgage advisers at Search Mortgage Solutions make it a lot easier for you by sourcing and arranging the most suitable remortgage deal to suit your needs and rechecking them periodically as the years tick by.
It is definitely a wise decision to have your mortgage reviewed by a ‘whole of market’ mortgage broker as the end of your current deal approaches. The other option is to continue with the same lender and risk paying a higher rate than necessary.
We would be happy to review your current mortgage deal to see if any savings could be made by searching the whole of the market on your behalf. If we cannot improve your current deal, we will arrange to conduct a further review at a mutually agreed time in the future.
JonSimon Financial Advice Ltd is an appointed representative of Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority.