Remortgaging is where you pay off your old mortgage with a new mortgage, this may be due to your fixed rate expiring, wanting to raise capital for home improvements or even to consolidate some debts.
Remortgaging can be difficult as your circumstances may have changed since you did your last mortgage. Lenders will re-calculate affordability and will re-run credit checks to ensure you meet their criteria.
To ensure you take out the right mortgage for your needs and circumstances, call one of our brokers today.