What to consider when remortgaging

There are many factors to consider when remortgaging.

Remortgaging and switching to a cheaper deal can save you thousands of pounds over your mortgage term.

Before looking for a remortgage you should consider why you are looking to switch as that could have an impact on the type of deal you choose.

Do you want to remortgage to release equity or are you looking to reduce your monthly outgoings?

Remortgage while rates remain low, contact Deal Direct and let us beat your current offer.

When remortgaging to cut costs you need to be looking for a cheaper rate.

It is however not to get carried away by a low head line rate only to find out the new deal comes with high fees or early redemption costs.

Headline rates are an important factor however they should be considered in conjunction with such lenders mortgage fees and costs, early repayment charges and any remortgage incentives.

Review all factors before deciding on your deal.

When looking at remortgaging it is essential review all relevant factors to find out which is the most affordable mortgage product long term.

Working out which is actually the cheapest can be complex, we therefore recommend that you contact an impartial Deal Direct adviser who will review the market on your behalf.

We will only recommend a product that is in your best interest and that will save you money in the long term.

Contact Deal Direct today on 0800 048 8828 for advice and a low rate quote.