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Remortgaging and product transfer

What is a remortgage and product transfer?

A Remortgage is switching your mortgage from your current lender to a new lender.

At Worrall Mortgages we are here to help you find a new deal when your current mortgage interest rate is coming to an end.

Whether this a rate staying with your current lender – also referred to as a product switch or a remortgage, we can search for your new deal with different lenders across the market and thousands of products.

Furthermore, we will remind you when it is time to review your fixed-rate mortgage to ensure you continue to have the most competitive rate available.

Your home may be repossessed if you do not keep up repayments on your mortgage.

What you need to know...

You may also want to increase your borrowing for a different range of circumstances which can include:

  • Making improvements to your home
  • Debt consolidation – paying off some debt which may include credit cards, unsecured loans, hire purchase etc.
  • Financing a large one off purchase for e.g. a child’s wedding
  • Raising a deposit for an additional property, like a buy to let

 

Whatever the reason get in touch with us today to discuss your options!

Think carefully before securing other debts against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.

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You can use our tools to find out more, or click ‘get advice’ to speak to an adviser.