If your current mortgage deal is coming to an end, your payments will normally revert to the lenders Standard Variable Rate (SVR). It is important to review your circumstances at this time to ensure that you are getting the best rate possible or you could be paying more interest than you need to. If we can help you to reduce your mortgage interest rate by just 1%, on a mortgage of £100,000 this will save you £1,000 per year in interest alone.
Contact The Mortgage Outlet to discuss your current situation. You may only require a new mortgage with a better interest rate or you may wish to raise more money for home improvements and this is an ideal time to review these things.
Normally, remortgaging is a less stressful process than purchasing as the process is geared up to a smooth transfer from one lender to another.
We will use the same approach to finding you a mortgage and look at mortgage products from the whole of the market to find the best deal for your needs and individual circumstance.