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  • Writer's pictureMatthew Pigrome

Maximising Your Savings: What You Need to Know When Remortgaging with Mortgage321

Updated: Jun 10, 2023

If you're considering remortgaging your property, you're not alone. In fact, many homeowners choose to remortgage to take advantage of lower interest rates, switch to a fixed rate, or access equity in their property. But remortgaging can be a complex process, and it's important to understand your options before making any decisions.


At Mortgage321, we understand that remortgaging can be overwhelming, and we're here to help. Here are some key things you should know before remortgaging, and how our team can assist you every step of the way.

  • Your current mortgage

Before remortgaging, it's important to understand your current mortgage. This includes the interest rate, term, and any fees or penalties associated with early repayment. Our team can help you review your current mortgage and determine whether remortgaging is the right option for you.

  • Your credit score

Your credit score plays a crucial role in the remortgaging process. Lenders use your credit score to assess your financial stability and determine your eligibility for a new mortgage. Our team can help you understand your credit score and take steps to improve it if necessary.

  • Your options

When remortgaging, you have several options to consider. For example, you may choose to switch to a fixed-rate mortgage to lock in a lower interest rate, or you may opt for an variable-rate mortgage to take advantage of potential interest rate decreases in the future. Our team can help you explore your options and find the right mortgage for your needs.

  • The costs

Remortgaging can involve a variety of costs, including legal fees, application fees, and lender fees. Our team can help you understand these costs and find ways to minimise them.


At Mortgage321, we offer a comprehensive remortgaging service that includes expert advice, access to exclusive rates, and ongoing support throughout the process. We understand that every client's needs are unique, and we tailor our services to meet your specific requirements.


If you're considering remortgaging your property, contact Mortgage321 today to learn how we can help you achieve your goals.

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