When to start
Starting several months before your current deal ends can provide more time to prepare and understand the options available.
Remortgage advice
Clear remortgage advice before your current deal ends.
Whether your mortgage deal is approaching its end or your circumstances have changed, Joanne can help you understand the available options and what they could mean for you.
Reviewing your mortgage
Start the conversation before you feel under pressure.
Many homeowners wait until their current mortgage deal is almost over before considering what comes next. Starting earlier can give you more time to understand your position, prepare the necessary information and explore your options.
Joanne will take the time to understand your existing mortgage, current circumstances and future plans before explaining the possible routes in straightforward language.
You may want to review your mortgage if:
- Your current fixed or introductory deal is coming to an end.
- You are concerned about moving onto the lender’s variable rate.
- Your income, employment or household circumstances have changed.
- You want to understand whether your existing lender is still suitable.
- You are considering making changes to your mortgage term or borrowing.
Important considerations
Looking beyond the headline interest rate.
A lower advertised rate is not automatically the right option. The overall cost, associated fees, lender criteria and suitability for your circumstances all need to be considered.
Early repayment charges
Some mortgages include charges for leaving the deal early. These need to be reviewed before deciding when to make a change.
Staying or changing lender
Your current lender may offer a new product but changing lender could provide different options. Joanne will explain the routes relevant to your circumstances.
The process
What happens when you review your mortgage?
Joanne will guide you through each stage and explain what information is needed before any application is submitted.
- 01
Understand your current position
Joanne will review your existing mortgage, when the deal ends and any charges or conditions that may apply.
- 02
Review your circumstances and options
Your income, commitments, future plans and property will be considered before suitable routes are researched.
- 03
Recommendation and application
Joanne will explain her recommendation and the associated costs. If you decide to proceed, she will prepare and manage the application through to completion.
Remortgage questions
Things homeowners often ask.
These answers provide general information. Your available options will depend on your individual circumstances.
Do I have to move onto my lender’s variable rate?
Not necessarily. It is worth reviewing your options before your existing deal ends, even if your circumstances have changed since taking out the mortgage.
Can I arrange a new mortgage before my current deal ends?
It may be possible to arrange a new deal in advance. The appropriate timing will depend on your existing mortgage, any early repayment charges and how long a new offer remains valid.
Is staying with my current lender easier?
Staying with your lender can sometimes involve a simpler process but it may not provide the full range of options available. Joanne can help you compare the relevant routes.
How much does remortgage advice cost?
Your initial consultation is without obligation. Before you decide to proceed, Joanne will explain the applicable advice fee and what the service includes. The final disclosure wording remains subject to HL Partnership approval.
Review your mortgage
Find out what your next step could be.
Start with an initial conversation about your current mortgage, circumstances and what you would like to achieve.