What You Need To Know About Remortgaging

If you are on the property ladder you will be familiar with the very confusing world of mortgages.There are so many questions from who to go with to what the best deal is and are you getting the most for your money. However, what you may not be so familiar with is remortgaging and finding out more could save you a lot of money!

What is remortgaging?

In simple terms remortgaging is the process whereby the owner of a property is changing from one lender to another.

So why do people remortgage?

As a nation, we love to shop around, be it for the new must-have tech gadget, insurance renewals, a kitchen appliance or even the weekly food shop. So why would we not for what is likely to be our biggest expense, our mortgages?

Remortgaging can be a great way of saving money. There are a number of lenders out there on the market all competing for your custom and all offering different deals to get it. There are a number of reasons you may be thinking about remortgaging, from trying to get a better rate, to getting a more flexible arrangement or if your house value has increased.

How can we help you?

PDR Property Lawyers have over 10 years experience in remortgaging. Our remortgaging service includes help from our friendly and knowledgeable staff, the process fully explained to you and regular updates by phone and/or in writing as we progress with your remortgaging. With our fees starting from just £349 + VAT and disbursements, can you afford not to?

How can I get the process started?

PDR are based in Whittlesey, just outside of Peterborough, Cambridgeshire. You can reach us by phone on 01733 203873, by fax on 01733 203923, email at info@pdrpropertylaw.com or fill in our online contact form here.