Remortgages - Exeter, Plymouth, Taunton, Torquay PDF Print E-mail

There are a number of good reasons to consider a remortgage.

You may be coming towards the end of your fixed or discounted rate that you took out when you bought your property and its likely that  the interest rate will revert to a variable rate option and quite possibly at a higher level. When you reach the end your mortgage you should examine your options and consider switching to an alternative mortgage with a new suitably preferential fixed rate, tracker mortgage, discount deal or capped rate mortgage.

A remortgage can be an effective way of releasing equity (capital) from your property for virtually any legal use.

If you're struggling to pay off lots of unsecured debts, a debt consolidation remortgage could be the ideal solution for you. You could take out a new mortgage that's big enough to pay off your original mortgage and your other debts.

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

You'd owe more to your mortgage provider, but you'd wipe out your other debts.

It is important to remember that spreading your payments over a longer term could mean that you pay more in the long run, and there are risks involved in adding other debts to your mortgage as you risk losing your home if you don't keep up with your payments

Professional Mortgage Services mortgageadvisor will be happy to advise you in any of these circumstances, just get in touch, Why not try our Live chat service and talk directly to the advisor.

 

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

 

 

 


 

 

 

 

 

 
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