A remortgage is basically arranging a new mortgage deal on a property that you already own.
The ideal time to remortgage is when your current introductory period expires. If you do not remortgage at this time, your mortgage will revert onto the Lender’s Standard Variable Rate (SVR), which is usually much higher. The main reasons to remortgage are to secure a better rate or to release money from the property.
Ladder will always check not only the best remortgage deals across the market, but also any rate-switch deals available with your current Lender. This will give you the peace of mind knowing that you’ve got the best deal available to you.
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