When your current deal no longer works
Your mortgage is often your biggest monthly expense. When your initial fixed, tracker or discounted rate ends, you’ll usually be moved onto your lender’s Standard Variable Rate (SVR). This is often much higher than the deal you had before.
You might also want to release equity for home improvements, consolidate debts, or simply check if there’s a more competitive deal out there.
Whatever your reason, remortgaging is an opportunity to see if you can save money or improve your financial position.
The risks of going it alone
Many homeowners stick with their lender’s default rate, or choose a deal without advice. That can lead to: -
- Paying more interest than necessary
- Being locked into an unsuitable mortgage with costly terms
- Missing fees, charges or conditions that reduce your savings
- Stress and delays if paperwork or lender requirements aren’t handled properly, potentially leaving you sitting on a Standard Variable Rate for a prolonged period of time, costing you money unnecessarily
What should be a simple switch can quickly become costly, frustrating and incredibly stressful.
How I will help you
I’m Toby Keate, independent adviser at Taylor James Financial Services. I’ll guide you through the remortgage process from start to finish, making sure you understand your options and avoid expensive mistakes.
Here’s how I’ll support you: -
- Understanding your needs — why you want to remortgage and what matters most to you
- Clear cost comparisons — showing how much you could save, including fees and charges
- Whole-of-market search — finding the most competitive deals available based on your specific circumstances and requirements, not just looking at one lender
- Practical guidance — explaining ALL of the options available to you in plain English
- Application support — handling paperwork and liaising with lenders and solicitors for a smooth process
- Completion check-in — ensuring the switch happens seamlessly and you’re on track
You won’t be passed from person to person — I’ll be your adviser throughout.
What you can expect
With my help, you could: -
- Reduce your monthly repayments
- Save thousands over the life of your mortgage
- Protect yourself against future interest rate rises
- Release equity if you need funds for other priorities
- Gain peace of mind that your mortgage truly suits your circumstances
Ready to review your mortgage?
Contact me today for a free, no-obligation consultation. I’ll show you what your options are, how much you could save, and guide you through the process from start to finish.
Call: 0203 859 3320
Email: contact@taylorjamesfs.co.uk
Please note:
- Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
FAQs
Most people remortgage to get a better interest rate, lower monthly payments, or release equity. It’s also a chance to review your mortgage to check it still fits your goals and aspirations.
It depends on your current deal, how much you owe, and your property’s value. Many of my clients save hundreds of £s each month compared to their lender’s SVR. Money that goes straight into their pocket.
Yes — lenders usually require a valuation to confirm your property’s current value. This is arranged on your behalf by the lender, and is something that is taken care of for you.
You may face valuation fees, legal fees, lender arrangement fees, and possibly early repayment charges on your current mortgage. I’ll explain these clearly before you decide.
Yes, often. I work with a wide range of lenders and can usually find solutions even in more complex circumstances.
At the end of your current deal, you’ll likely move onto your lender’s SVR, which is usually much more expensive than your existing rate. Over time, that could cost you thousands unnecessarily.
FAQs
Most people remortgage to get a better interest rate, lower monthly payments, or release equity. It’s also a chance to review your mortgage to check it still fits your goals and aspirations.
It depends on your current deal, how much you owe, and your property’s value. Many of my clients save hundreds of £s each month compared to their lender’s SVR. Money that goes straight into their pocket.
Yes — lenders usually require a valuation to confirm your property’s current value. This is arranged on your behalf by the lender, and is something that is taken care of for you.
You may face valuation fees, legal fees, lender arrangement fees, and possibly early repayment charges on your current mortgage. I’ll explain these clearly before you decide.
Yes, often. I work with a wide range of lenders and can usually find solutions even in more complex circumstances.
At the end of your current deal, you’ll likely move onto your lender’s SVR, which is usually much more expensive than your existing rate. Over time, that could cost you thousands unnecessarily.