This is a full 30-page printed and PDF guide on how to get the very best MoneySaving remortgage deal possible. As with everything else on MoneySavingExpert.com it’s completely free and available to all.
- Who’s the guide for?
- Why remortgage?
- How come it’s free?
- Are there any more guides?
- Other Articles/Discuss
Who’s the guide for?
This remortgage guide is for anyone who already has a mortgage deal and either wants to try to cut its cost, move house, consolidate debts or change the deal in any way.
If you’re a first-time buyer or want a buy to let mortgage, instead see the MoneySavingExpert.com Mortgage Guide.
There’s only a limited supply of the printed copies so please download the PDF version if you’re able to.
Why remortgage?
The simple reason is because it could save you an absolute fortune. Cutting 1% off a £100,000 mortgage will cut costs by around £80 a month. Remortgaging to a better rate could be the biggest single money-saving activity possible, the financial equivalent of liposuction.
The reason for a printed guide is because remortgaging is just too large a subject for an online version. It’s something you need to sit down, read through and take some time over. After all, a mortgage is likely to be your biggest single expense and therefore getting the remortgage right offers the biggest single savings.
Has the credit crunch changed anything?
This guide has been rewritten in the face of the credit crunch and its impact on mortgage lending. Finding a top deal now is tougher than it was back in the mid-noughties, as mortgage companies are no longer fighting for business; now many don’t want it.
This makes it even more important that you follow through the guide to understand how mortgage deals work before trying to find the right one for you.
How come it’s free?
The guide is sponsored by fees-free mortgage broker London & Country, but don’t worry, it’s had nothing to do with the content. That purely depends on our view of the best way to save money while remortgaging. The guide is written with complete editorial independence and purely focused on finding you the best deal, and this is enshrined in the contract.
Having said that, L&C isn’t stupid. We’ve been independently listing it as one of the top brokers for the last five years (see the Cheap Mortgage Finding guide) so it had a pretty good idea it wouldn’t come out too badly.
The reason it sponsors the guide is it gets a one time chance to include its own letter promoting its service when it mails out the guide. And just to assure you, you won’t be sent any follow-up advertising, marketing or any of that malarkey.
In the trade this is known as a payment for ‘lead generation’ and in this case that means L&C pays for the publishing, printing, posting and a small fee to help this site. See more about this site’s ethical financial stance.
NOTE: This article is extracted from http://www.moneysavingexpert.com/mortgages/remortgage-guide
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