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  • Writer's pictureThe Cedar Crest Team

Top Reasons To Remortgage

Finding the right deal, see if you could save money by moving your mortgage.


There are various reasons why you might want to remortgage your home. Perhaps you are looking to take advantage of a more competitive interest rate, or you need to borrow more money and your current mortgage doesn’t allow for that, or you want to be able to make overpayments.

Big changes in your life, planned or unexpected, could mean that your current mortgage no longer suits your needs. Whether you’re starting a family or expecting a significant change to your income, remortgaging could give you a chance to find a more competitive deal that’s a better fit for you now and in the future.



Remortgaging can also help you save money on your monthly payments if interest rates have gone down since you took out your original mortgage loan. You could potentially save a lot of money by switching to a new mortgage deal with a lower interest rate.

It could also give you more flexibility when it comes to borrowing money. If you need to borrow more money for a home improvements project or for another reason, a new mortgage may allow you to borrow more than you were originally approved for.



When you remortgage, you take out a new loan to pay off your old one. This new loan usually has a lower interest rate than your original mortgage, which could save you a considerable sum of money, possibly thousands of pounds, over the term of your mortgage loan.

You might also be able to obtain a longer repayment term, which could make the monthly payments more affordable. But there are a couple of things initially to consider when deciding whether or not to remortgage your home. The first is whether you can afford the new mortgage payments. The second is whether you will be able to save money in the long run by switching to a lower interest rate.



If you’re thinking about remortgaging, it’s important to ensure you obtain the right mortgage deal for your particular situation. There are a lot of different lenders out there, and each one offers different interest rates, terms and fees.

We can help you by comparing the different offers and finding the loan that’s right for your requirements. And the good news is that if everything looks good, the lender will approve your application and you will be able to switch to a new mortgage.



If you are considering remortgaging your property, it is important to understand the process involved. Whatever the reason why you may be considering remortgaging, you should look to obtain professional mortgage advice before you make any decision.

To discuss your requirements, contact Cedar Crest Ltd – telephone UK T: +44 (0) 203 883 1017, HK T: +852 6645 4462 – email info@


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