Reasons for this may include the following: to borrow more money for a specific purpose (home improvements, loan consolidation etc), to benefit from a lower interest rate (without borrowing additional funds), to reduce the term of your loan or to lower the amount of your mortgage with additional monies from another source.

Some lenders are now offering ‘fee free’ remortgage services to entice you to switch provider.

To enquire about a Mortgage or to see how much you can borrow complete our Financial Summary. Our advisor will look at this immediately and will contact you within 24 hours. Alternatively speak to an advisor on line now by clicking the link below.

Adding existing debts to your mortgage may both extend the repayment term and increase the overall cost of the debt.