Preparing to remortgage in 2017.
Now is a very good time to remortgage, but are your finances in shape?
The stringent affordability tests that lenders are obliged to apply, mean it is more important than ever to be on top of your finances. However, there are some very simple things you can do today, to help put you in the strongest position possible, before applying to a lender.
Demonstrate your financial awareness by:
- Paying off any outstanding loans.
- Not applying for any other loans before you remortgage.
- Paying all your bills on time.
- Checking your electoral role registration is up to date.
- Making sure all your bills are registered to your current address.
- Being in stable employment for at least 6 months.
- Making regular savings payments from your current account.
Once these are up to date, you can reassess your expenditure to see if there are any further savings you can make. This clearly demonstrates to any prospective lender, that you have good financial habits and, therefore, you are a good applicant.
If this feels a little overwhelming, then Deal Direct’s expert remortgage advisers can offer assistance. We can help you with a thorough financial review, before searching for a new deal.
In full knowledge of what you can afford, we then set to work on finding you the best, low rate remortgage from across the UK.
For expert remortgage advice, call Deal Direct on 0800 048 8828 now.
