Remortgage: What does it mean and how can it benefit me?

Many shop around to get the best deals, but what about when it comes to your mortgage?

A mortgage is a massive financial commitment, so it goes without saying that you may be sceptical to change something you’re so familiar with. However, did you know that remortgaging comes with many benefits? And the biggest benefit of all is how much money you could be saving.

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Mortgage and Protection Guidance

We hope you find the below information helpful during what is an uncertain time for many. As your advisers, we want you to know we are here to help in any way we can. If you have any questions around either engaging your lender or more broadly around your mortgage, protection policies or the wider impacts of the Coronavirus on your financial position please do get in touch.

We do not charge any fees for the advice we give.

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Mortgage Holiday – what you need to know.

The ongoing pandemic is a fast-changing situation, all the information written in this article is correct at the time of publishing. 

Last week, the government announced homeowners and landlords can apply for a three-month mortgage payment holiday in response to the ongoing coronavirus outbreak. The change was announced in the hope of easing financial stress during this difficult and ever-changing time. 

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Business Continuity at Choicemortgages UK Ltd

The situation surrounding COVID-19 is fast-moving but Choicemortgages are doing everything we can to help our customers.

We prioritise the health and wellbeing of all our customers and employees. We have been closely monitoring the current coronavirus outbreak in the UK and adhering to all government recommendations and guidance. For this reason, we have made the difficult decision to close our office premises but will still operate a full business service Monday – Saturday from 9am to 5pm.

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Emma

Choice Mortgages have provided me with a fantastic consultative service for over 10 years. I've had absolute peace of mind that everything related to my mortgage, home insurance, life insurance and critical illness insurance has been in hand. Nicki and the team have always given me informed guidance and I've had every confidence in their recommendations and products. A first-class service that I wouldn't hesitate to recommend.

A first-class service that I wouldn't hesitate to recommend.

Emma and her daughter