Telephone 020 8951 6959

Re-Mortgaging a Sensible Step That Needs Legal Know How

31 Mar 2016

Posted in Property

As we enter another year of potentially low interest rates, something which we have become somewhat used to, it may be time to think again about your options.

We’ve had several years now of low rates following the fallout from the credit crunch, and whilst this is great news for many; we do find that there are those who are not taking full advantage of the situation. Recent times have seen lenders offering some great deals and many people throughout London and the south east could save vast amounts of money by just switching lenders.

According to experts, interest rates will not move until mid-2016 and may not even increase for the whole of next year, but once the market does get a hint that an upward rise may be on the cards, the opportunity will be lost for borrowers.

Here at Pindoria Solicitors our conveyancing lawyer like many law firms who help assist people in property matters we think now represents a great opportunity for finding great deals. It may be tiresome to have extra paperwork, but a little bit of time spent switching could save substantial sums depending on your current situation.

For those whose mortgage deals are expiring or are about to expire soon we think it is time to get the paperwork out, and have a look at what’s available. It is also worth remembering that re-mortgaging can also help with releasing equity from your property to carry out home improvements or to put money into a new property purchase.

However, we cannot stress enough the importance of making sure you have sound legal advice when you re-mortgage. Offering a fixed fee service for all re-mortgages, we ensure sure that our clients are kept informed every step of the way and are on hand to answer your queries no matter how small.

Of course, re-mortgaging can be tricky business, and in a busy world it is easy to put things off, but really there is no excuse. A few hours work on your behalf could save thousands of pounds.

If you are interested in talking to our conveyancing solicitors about this or any other matter regarding property, please contact us today. We are happy to help.