Remortgage and your Life Priorities

Before securing your next mortgage deal, it’s important to reflect on what’s changed, and also what’s likely to change in the future. These are factors which could influence how much you need or want to borrow.  As an adviser I can help you ensure your next mortgage fits both your current and future needs.

After all, a lot can change in 2, 3 or 5 years. We’ve all witnessed the pandemic being testament to this. Think about your life when you initially agreed your mortgage – compared to today. What, and how much, has changed?

Questions to consider could include:

  • Has your family grown or is it growing?
  • Are your children heading off to university or interested in buying a home of their own?
  • Has your relationship status changed or planning to change in the future?
  • Have your finances or personal circumstances changed or been impacted by the pandemic?
  • Has spending more time in your home over the last 12 months made you re-think your requirements?

A recent survey undertaken by Legal & General Mortgage Club identified the following reasons why people are considering additional borrowing on their mortgage right now:

Home improvements/renovation costs (34%), home extension / building works (27%), other property purchase (24%) and debt consolidation (17%).

Perhaps you’ve already made the decision to add additional borrowing to your re-mortgage for one of these reasons?

Or perhaps you’d like my help to work out your borrowing needs?


Book an appointment today and find out more.


*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

 Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage



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