Refinancing
Reviewing Your Mortgage Options
Refinancing (or remortgaging) involves switching your existing mortgage to a new deal, either with your current lender or a new one. It is a smart way to ensure you are not paying more than you need to on your home loan.
Many homeowners refinance when their current fixed-rate deal is coming to an end, avoiding the typically higher Standard Variable Rate (SVR). Others refinance to release cash from their home (equity) for other purposes.
At Stonehorse Finance Ltd, we review the whole market to find the best refinancing deals tailored to your individual circumstances, helping you save money or achieve your financial goals.
Why Refinance?
There are many reasons to consider refinancing your property. Here are some of the most common benefits:
- Secure a lower interest rate
- Reduce monthly repayments
- Release equity for home improvements
- Consolidate debts into one payment
- Change mortgage term (shorter or longer)
- Switch from interest-only to repayment
Navigating the mortgage market can be complex. Let our experts handle the comparison and application process for you.
Start your refinancing journey today
Arrange a MeetingThink carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.
As with all insurance policies, conditions and exclusions will apply.