Your mortgage may have been the best deal for your circumstances at the time but is it still performing as well as it could?
 Switch your mortgage and save money
 Remortgaging is a good way to escape high variable or fixed interest rates and more and more UK homeowners are moving their mortgages to save money. Even if you have just come out of a special deal and are obliged to pay a penalty if you change mortgage, do not be deterred, re-mortgaging often reduces your monthly mortgage payment enough to still save you money in the long term.
Remortgaging services
 In recent years remortgaging has become a much simpler and more common process. More and more mortgage lenders are offering specialist remortgaging services – often with free legal and arrangement fees.
 As well as reducing your monthly payments, you can also use remortgaging to release the equity that’s built-up in your property over time. If you have owned your property for several years, it could be worth more than your outstanding debt therefore taking out a larger mortgage could release some extra cash. This could be spent on home improvements, a new car or a luxury holiday if you like.
 When you re-mortgage, you are essentially replacing your existing mortgage loan with a new one, shifting your debt from one mortgage lender to another. There are thousands of remortgages available across the UK morgage market and Stepping Stones Financial Planning LLP will take into account what different mortgage lenders are offering at present and find the best remortgage deal for your new circumstances.