At Dickson Mortgages, we prioritize fostering enduring client relationships, especially when it comes to remortgaging. Our core mission revolves around securing substantial savings for you by sourcing improved deals when you decide to remortgage. Our dedicated team takes charge of the entire remortgaging process, efficiently managing lenders and other involved parties to ensure a hassle-free experience.

We engage in comprehensive discussions, exploring the advantages and drawbacks of borrowing more or less during the remortgaging process. Upholding our principles of independent and transparent advice, if retaining your current provider aligns with your best interests, we'll recommend and seamlessly facilitate the transition to a new rate when remortgaging.

Furthermore, we actively deliberate on remortgaging terms and rate durations, aligning them with your potential life goals and anticipated changes. Our proactive approach extends to keeping track of your remortgaging product's expiration, ensuring you're consistently offered the most competitive rates as your special rate period concludes

Connect with our team at 07360 198 995 to discuss how we can assist you further.

Frequently Asked Questions

What does remortgaging involve?
Remortgaging is the process of switching your existing mortgage to a new deal, either with your current lender or a different one, often done to secure a better interest rate or release equity.

When should I consider remortgaging?
It's wise to think about remortgaging as your current deal nears its end or when interest rates decrease, potentially offering chances to find more favorable terms.

How can remortgaging save me money?
Remortgaging allows access to better interest rates or mortgage deals, potentially reducing monthly payments and overall interest costs, resulting in long-term savings.

Can I remortgage with my current lender?
Yes, you can explore remortgaging options with your current lender, who may offer new deals or incentives to retain your business. However, comparing deals from other lenders is also recommended.

Are there costs associated with remortgaging?
Remortgaging may involve fees such as arrangement fees, valuation fees, legal fees, and early repayment charges. However, some lenders offer fee-free remortgage deals.

How do I determine if I should remortgage or stick with my current lender?
Expert advice can help assess the benefits of remortgaging based on your individual circumstances. Deciding whether to stay with your current lender or switch depends on factors like interest rates, fees, and your long-term financial goals.

Is it possible to release equity when remortgaging?
Yes, remortgaging enables the release of equity in your property by borrowing more than your outstanding mortgage balance, providing access to additional funds for various purposes.

What considerations should I keep in mind before remortgaging?
It's crucial to consider interest rates, repayment terms, fees, your financial situation, future plans, and the overall cost-effectiveness of remortgaging before making a decision.

How long does the remortgaging process take?
The duration of the remortgaging process varies, typically spanning several weeks. Factors like paperwork, property valuation, and lender processing times can influence the timeline.

What happens at the end of my fixed-rate period?
As your fixed-rate period nears its end, your mortgage may revert to the lender's standard variable rate (SVR). It's advisable to review remortgaging options before this occurs to secure a better deal.

Connect with our team at 07360 198 995 to discuss how we can assist you further.