A Guide to Remortgaging

If your mortgage deal has come to an end and you're on the lender's SVR, you might be paying more than you need to. Reduce your repayments with our guide to remortgaging

Faith Glasgow 21 June, 2021 | 9:57AM
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What should you do when your current mortgage deal is coming to an end? The line of least resistance is to drift onto your lender’s standard variable rate (SVR) when the deal finishes.

A much better option is to look at other deals on offer from your existing lender. You should find something cheaper than the SVR, and it will be quicker and simpler to implement than if you went to another lender.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Faith Glasgow  Faith Glasgow is a freelance journalist specialising in pensions and investment trusts