This is where you switch from one lender to another. Are you paying too much for your mortgage? Some people will just move their existing mortgage across to another provider whilst others will borrow extra money to improve their home, repay other credit commitments or raise some capital for other reasons such as a car or second home. We will make sure that the existing mortgage is outside its penalty time so that there will be no charge. There also needs to be enough equity in the property to cover the extra borrowing.

Many lenders now offer ëfee freeí deals to encourage customers to switch to them. These include free solicitors from their own panel as well as a free valuation. If you decide on a fixed rate you may have an arrangement fee to pay but this can usually be added to the loan. Imagine what you could do with the extra money in your pocket each month. Many people are worried about the rates increasing especially if they are on a discounted or tracker rate but provided that they have no penalties on their mortgage then they could change to a fixed rate relatively easily to eliminate that fear.