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People rarely keep the same mortgage product for the entire term of the loan – which can be up to 40 years. Instead, people utilise remortgages every few years to take advantage of special offers from remortgage lenders. Existing home owners can often save money by remortgaging to products with lower interest rates and more competitive fees.
Remortgaging can also allow property owners to release equity that has built up over time. If you choose to remortgage to a higher balance than your existing mortgage, you can use the extra funds for almost any reason, such as debt consolidation and home improvements.
You may not need a perfect credit record to find the product you want. There are many lenders who specialise in bad credit remortgages. No matter what problems you are facing, simply complete the online form provided to contact an adviser who can help with bad credit remortgages today.
Please contact us today for more information on remortgages.