What is Remortgaging? Remortgaging is the process of getting a new mortgage on the house you currently own, to pay off the existing mortgage and replace it with a mortgage that has more favourable terms; for example, to reduce your interest rate or even lower your term, with the added advantage to borrow additional money …
Remortgaging is the process of getting a new mortgage on the house you currently own, to pay off the existing mortgage and replace it with a mortgage that has more favourable terms; for example, to reduce your interest rate or even lower your term, with the added advantage to borrow additional money against your property …
The most obvious benefit of switching mortgages is the cost savings on your monthly payments. You can potentially save hundreds of euros every month by switching your mortgage to another lender with a lower interest rate. Over the course of your mortgage, this can result in savings of thousands of euros. The big question is: …
Should I stay or should I switch? That’s what the majority of people who have a mortgage in place are asking themselves right now. The European Central Bank (ECB) raised its main interest rates four times in a row in 2022 in an effort to fight against runaway inflation. The central bank expects inflation for …
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