© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Why Remortgaging is a Game-changer For Modern Home-owners
Posted 22nd January 2021

Why Remortgaging is a Game-changer For Modern Home-owners

In the UK, whilst the numbers can fluctuate, roughly 39,000 remortgages occur on a monthly basis. In fact, in the first quarter of 2019, almost 40% of property loans were remortgages - with good reason. Getting on the property ladder is usually one of the main financial goals we set ourselves. It can take time to build up the deposit, and negotiate the rates. However, once you’ve got that first set of keys and the mortgage payments start going out, it might feel like the interesting part is over.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Why Remortgaging is a Game-changer For Modern Home-owners

In the UK, whilst the numbers can fluctuate, roughly 39,000 remortgages occur on a monthly basis. In fact, in the first quarter of 2019, almost 40% of property loans were remortgages – with good reason. Getting on the property ladder is usually one of the main financial goals we set ourselves. It can take time to build up the deposit, and negotiate the rates. However, once you’ve got that first set of keys and the mortgage payments start going out, it might feel like the interesting part is over.

The remortgage process is where that changes. When interest rates fall, it makes more sense to move your money into investments, or somewhere we can potentially accrue some real gains, rather than a savings account. Remortgaging works in a similar way, a chance to renegotiate the terms of your mortgage payments. Here’s why it might suit you to remortgage your home sooner, rather than later.

 

Cashing in

Generationally speaking, interest rates have really lost their shine. For all the benefits you’ll see from dropping your cash into savings, you could almost justify keeping it under your bed. An alternative to putting money away could be simply changing the goalposts of your monthly mortgage payments. There’s a chance to save thousands of pounds, entirely through switching from your current rate to a new one. The options available can often be numerous and it’s vital to understand all the details, so it’s worth checking out a remortgage comparison platform for a clearer breakdown of your choices. With options from over 90 lenders at Trussle, for example, the potential outcome could be better value for you and your home.

 

Unlocked potential

In the vast majority of cases, remortgaging doesn’t add any additional fees and usually, you can acquire valuations and legal packages free of charge. However, explore your options – some remortgaging deals can even include cash-back bonuses.

Remortgaging doesn’t apply in cases where your mortgage is no longer affordable, either. If you’ve built up some equity in your home or property, you can push money saved on a mortgage into any other pursuit you choose. Potentially, even improving the house itself!

 

Shorter terms

When life gives you lemons, cut your mortgage terms down. Often, our earning potential can change as we grow older. If your monthly budget improves, you can realistically shave several years off of a mortgage term by upping your contributions.  The goal of every mortgage is to be paid off in full, and remortgaging can bring about that day all the quicker. 

Remortgaging is the popular choice because it allows the home-owner to build equity on their own terms, in a manner that suits them. Our lives and the world can change quite a bit over the terms of a mortgage, and a monthly outgoing should fit a budget, not the other way around. The remortgaging process, like many financial instruments, can be shrouded in jargon and confusing language but it’s really quite simple. It’s about structuring a mortgage to suit you and your changing needs, and making sure your money is invested back into your life as you choose – and granting yourself new opportunities along the way.

Categories: Finance, News


You Might Also Like
Read Full PostRead - Eye Icon
The Key  to Unlocking Success: Post-Merger Integration  – Synergy and Value
Strategy
15/04/2015The Key to Unlocking Success: Post-Merger Integration – Synergy and Value

Bryan Brighton is the Regional Director at Merrill DataSite. Based in their European Headquarters, London, Bryan supports the International growth of the Merrill DataSite business. He spoke to AI about how he delivers success for his company.

Read Full PostRead - Eye Icon
Early Development Programmes Vital For Data Centre Skills Shortage
Innovation
22/05/2024Early Development Programmes Vital For Data Centre Skills Shortage

In the current digital landscape, the demand for professionals is rapidly increasing while the skills gap is also widening.

Read Full PostRead - Eye Icon
KKR and Borealis Maritime acquisition of Hanseatic Ship Assest Management
Finance
04/08/2015KKR and Borealis Maritime acquisition of Hanseatic Ship Assest Management

KKR and Borealis Maritime acquisition of Hanseatic Ship Assest Management

Read Full PostRead - Eye Icon
Dispute Resolution
Legal
09/06/2016Dispute Resolution

The firm mainly acts in aviation law, commercial law, product liability and in criminal matters. Its founder previously worked as a lawyer of English and American law firms based in Paris and in London.

Read Full PostRead - Eye Icon
Mergers and Acquisitions (M&A) Targeting Financial Services
Finance
07/06/2016Mergers and Acquisitions (M&A) Targeting Financial Services

Both the volume and value of mergers and acquisitions (M&A) targeting financial services companies worldwide increased in the second half of 2015.

Read Full PostRead - Eye Icon
Fluenta announces new partnership with Valtronics
M&A
08/03/2019Fluenta announces new partnership with Valtronics

Fluenta, a global leader in ultrasonic measurement and management technology for the oil and gas and chemical processing industries, today announces its partnership with Valtronics. With more than 30 years’ experience in the oil and gas industry, Valtronics

Read Full PostRead - Eye Icon
Garden Centres, Horticultural Properties/ Businesses and Farm Shops – The Same Service to All
Leadership
09/06/2017Garden Centres, Horticultural Properties/ Businesses and Farm Shops – The Same Service to All

2016 Global Excellence Awards UK award recipient is Quinton Edwards, specialist property and business surveyors based in Newbury, West Berkshire. We interviewed expert Simon Quinton Smith to discover more about the firm’s specialist property and business off

Read Full PostRead - Eye Icon
How To Protect Your Business from Modern Threats
Innovation
25/11/2022How To Protect Your Business from Modern Threats

The dangers facing businesses are ever evolving and becoming more and more deadly as times goes on. As many blessings has technology has brought, it has brought with it an element of malice for those intending to use it for the wrong purpose.

Read Full PostRead - Eye Icon
Wind Turbine Composites Material Market Worth $5.5 Billion by 2020
Finance
06/03/2015Wind Turbine Composites Material Market Worth $5.5 Billion by 2020

New report defines and segments the global composite market for wind turbine with an analysis and forecast of its global volume and value.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow