0208 364 3444
This week, we’re highlighting the importance of acting early if your mortgage is due for renewal.
Starting the process up to six months in advance gives you time to explore your options and decide whether a product transfer or remortgage is the right move.
Product Transfer: Stay with your current lender but switch to a new deal. It can be quicker, requires less paperwork, and avoids credit checks or property valuations. Ideal if you’re happy with your lender but want better terms.
Remortgage: Switch to a new lender for potentially lower rates or additional borrowing. While it involves credit checks and valuations, this option could save you more or offer tailored solutions.
Although a little more complex than a product transfer, remortgaging can be more rewarding if you find a deal that significantly lowers your payments or better suits your current or longer term financial goals.
How We Can Help
At Mortgages and Insurers Solutions, we are equipped to assist you with both product transfers and remortgages.
We can evaluate your current financial situation, compare it against what’s available in the market, and advise you on which option could potentially save you more money or offer greater flexibility.
And remember, our Flexi-Lock service means we continuously reassess the market up to your renewal date, ensuring that you always have the best deal available.
Don’t wait—reach out today on 0208 364 3444 or click here to schedule a free consultation call to find out more about how we can help you.