We are all constantly being advised to review our energy providers, broadband suppliers and even our everyday bank accounts. So, why not review your mortgage regularly, especially as circumstances throughout life seem to change at a rapid pace. That mortgage that was originally right for you may not be any longer.
Remortgaging can help you to save money, invest in your existing home, raise money or simply consolidate any debts you may have.
Remortgaging can be complex and Miss Moneypenny mortgages can provide you with professional advice and find you a mortgage suited to your unique situation.
It’s important to think carefully before securing other debts against your home, as your home could be repossessed if you don’t keep up the repayments on your mortgage.
Debt consolidation is not always the most suitable option, and therefore must be carefully considered. It will usually mean, more interest over a longer repayment term. There may also be early repayment penalties on your current mortgage, so it is always prudent to think carefully before securing other debts against your home. There are other ways to manage debt such as free debt advice charities, you can find out more by contacting the Money Advice Service https://www.moneyadviceservice.org.uk/en/tools/debt-advice-locator these services may be more suitable for you.