Re-Mortgage

Re-mortgage is where your current deal is coming to an end and you have a great chance to let Coastway Financial review and shop around the mortgage market for you to cut your interest rate. Re-mortgaging is also a great chance to maximise the equity you have in your home for example if you have higher interest rates debts, planned home improvements or even your dream extension. Everyone is different and one size does not fit all so make sure you shop around to get the tailored deal that fits you. We recommend looking at the re-mortgage process up to 6 months before your current deal finishes, don’t leave it to the last minute as it could cost you with a more expensive rate.

You may have to pay an early repayment charge to your existing lender if you remortgage

THINK CAREFULLY BEFORE SECURING ANY OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.