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.

Dreaming of owning a holiday home on the south coast? Or buying an investment property to rent out or Air BnB? Or simply ready to upsize and fancy keeping hold of your trendy little city pad? If you’ve been on the same mortgage deal for a while and have built up some equity in your current property, it might be worth looking at your remortgaging options.

Back in April 2021, Citizen’s Advice conducted a study to find out how many homeowners fail to remortgage when they come to the end of their fixed rate deal. They found that it was as many as two-thirds of mortgage holders. Meaning potentially far higher monthly payments.

With mortgage rates on the rise, you might be starting to wonder whether there is a way you can get on top of your mortgage repayments and keep future payments at a manageable level. And making the decision to exit your current deal and remortgage early may be one way to do this.

It’s hard to watch the news these days without mention of the cost of living crisis and the associated squeeze in household budgets. And there’s no sign of a let up just yet. So as energy costs and food prices rise, is now the right time to remortgage? Or would it pay to wait?

As recent interest rate rises begin to have an impact, we’ve seen fixed rate mortgages hit their highest level for 14 years.