When to remortgage to release equity.
When to remortgage may be a question on your mind at present. Getting the timing right and obtaining the best mortgage deal has been very difficult for many in recent times, due to the financial crisis within the Eurozone affecting banks and borrowing.
According to recent figures many more people are wishing to remortgage to release equity in their current home rather than to move.
Equity release from your property can fund not only home improvements but also life events such as weddings and special holidays. But some statistics that have been released appear to show a trend for equity release to fund retirement for some home owners.
If you are considering when to remortgage to release equity from your home, then contact us at Deal Direct. We are whole of the mortgage market brokers and are adept at searching out a competitive remortgage deal for you.
Our advisers are here to help with any queries you may have about the process of releasing equity from your property and to guide you through all of the lenders best offers.
It is suggested that somewhere near 40% of property owners who have their homes on the market are looking to downsize and use any equity in their homes for their financial circumstances. Those moving up the property ladder are considerably less than those downsizing at present.
Your home is usually your greatest financial asset and making the decision to release equity is a very important one along with getting the very best remortgage deal that is on the market.
So if you have decided when to remortgage and would like some professional and unbiased remortgaging advice, we recommend you contact us at Deal Direct.