2020 was a difficult year for many of us. Job uncertainty, furlough and a massive change in the economy has left many of us counting our pennies and prioritising expenditure. For others who may have formed a bigger bubble or have simply come to the conclusion that an extension can wait no longer, financing a change to your existing home may be a priority.
Whether you’re looking to cut costs on your mortgage, want to consolidate debts or need extra funds, remortgaging can leave you in a stronger financial position. It may be that you can make a sideways move to a new product with your existing lender or that lower interest rates are now available elsewhere compared to when you took out your existing mortgage. It’s also worth considering what you will do if your current deal is due to end within the next few months.
At ES Mortgage Services we’re keen to help you find the most suitable solution and will guide you through the lenders currently offering the best deals. We’ll be able to advise you on products that match your credit history and take into consideration any equity you may have in your current property. As well as this we will ensure we explain any arrangement, legal, admin and valuation fees so you understand all the costs involved and can make an informed choice.