If you are looking to remortgage, don’t assume you need to wait until the end of your current deal before you can start the process. If your mortgage is due in the next 6 months, or if you are concerned about rising interest rates, why not speak to one of our mortgage experts here? We can help determine if remortgaging is beneficial for you.

Most lenders allow you to reserve a deal up to 6 months in advance. This means you can secure a rate while still tied into your existing mortgage with your current lender. The new mortgage won’t be activated until your existing mortgage term and any early repayment charges have concluded.

Speak to one of the mortgage advisors here at Lucra Mortgages to determine whether remortgaging is worthwhile for you. The main thing to consider if you are tied into an existing mortgage is early repayment fees. Most people on a fixed rate would have to pay an early repayment fee if they leave the mortgage too early. We will make sure your new deal does not start until your existing mortgage deal has finished.

Many people are either on their lender’s standard variable rate, a discounted standard variable rate, or a tracker deal with no early repayment fees. If you are not subject to any early repayment fees, you might be able to start saving money straight away.

Call and speak to one of our advisors here at Lucra Mortgages, and we will advise you on the best course of action for your unique mortgage circumstances. We even offer a rate check service – meaning that if we reserve a rate for you now and rates improve, we can switch you to the new, lower rate before your new deal begins.

At Lucra Mortgages, we provide expert advice, guiding you smoothly through the mortgage process. Our team of experienced advisors is dedicated to finding the most competitive rates, tailored to your unique financial needs, ensuring the entire process is as stress-free as possible. Why wait? Contact us today at 01225 970 830 for a free consultation.