A penny saved is a penny earned”
What kind of person are you? Are you someone who collects reward points to get money off and great deals? Are you someone who searches around for the best deal on holidays, utility bills and food shopping? Are you, quite simply, someone who makes sure that their money works as hard as it possibly can?
Then the question is not whether you should investigate a re-mortgage, but rather when.
Re-mortgaging sounds like a big deal. It sounds like a lot of paperwork. It sounds like something that you don’t really have the time to look into. And anyway, aren’t mortgage rates the best they’ve ever been? But your mortgage is quite often your biggest monthly expenditure so if you’re saving money on the little things then shouldn’t you be doing it for the biggest things?
Allow us to ‘bust the myth’ on a couple of things:
- It’s time consuming: admittedly there is some paperwork but by involving a broker you will have most of that organised for you.
- It’s expensive: Although there are often fees connected with a re-mortgage (exit fees from your old mortgage and arrangement fees for the new mortgage) they are usually off-set by the savings you’ll make. These will be clearly shown in any review from us.
- Will swapping mortgages affect my credit rating? Your credit rating is affected by how you re-pay your debt and won’t be impacted by new borrowing.
- I only took out my mortgage a couple of years ago, it can’t have changed much: Mortgages change all the time and the marketplace is becoming more competitive again. Leading experts suggest reviewing your mortgage regularly to make sure you are on the best deal available.
We’ll do the hard work for you – let us find out how much you can save, even if the best option is to stay where you are, we will tell you.
Using a broker that you trust will ensure a thorough search of the marketplace to find you the best deal and they check criteria with the lender so your involvement is minimal.
So why not make an initial investigation? The savings can be pretty impressive and it really is a lot less hassle than you think. It would be our pleasure to help you. You can reach us on 01273 736536 or by emailing info@numberonemortgages.co.uk.