Your current deal is about to come to end, what now?

It is always a good idea to shop around when your deal comes to an end, whether you have a residential or buy to let mortgage. A lot can change with rates and personal circumstance during the time you have been on a deal, so a review is a good idea. We at DWM Mortgages will check the whole of market and your current lender to find the best deal for you going forward. Yes, staying with your current lender may seem the easiest option but it may not be the best one. If it turns out that this is best, we will recommend you do so, but you could save yourself a lot of money over the course of a mortgage term by shopping around at the end of each deal and as we do the application for you it could not be simpler.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Remortgage and additional borrowing

A Remortgage could also be a good time to look at additional borrowing for home improvements or debt consolidation or even reduce or increase a mortgage term. As there are no redemption penalties for moving lender at the end of a deal this is a perfect time to make any changes. We can review, check affordability, and find the right lender to suit your needs.