Is now a good time to remortgage? If you’re at the end of your current mortgage deal, then it’s a good time to start thinking about switching your mortgage, particularly if interest rates have come down since you first took out your mortgage. If you’re currently tied into a fixed-rate, then remortgaging before the end of your deal could lead to you incurring penalty charges. This doesn’t mean that it’s impossible – if the overall savings you make by switching lenders makes it worth paying the exit fees then you could still consider remortgaging early. If you’re already on a great deal from your current lender and there’s no better deals available then you should probably stay put – but it’s always worth comparing mortgages every now and again as you never know when a better deal will come along. In the majority of cases, homeowners choose to remortgage in order to save money on their current mortgage payments. Some homeowners have been able to shave hundreds of pounds off their mortgage, simply by switching to a different mortgage that offers a lower rate of interest. #streetmortgages #madeleinstreet #StreetMadelein #sheptonmortgage #SheptonMallet #Wells #wellssomerset #wellssomersetuk #Somerset #Westcountry #Mendip #Mendipbusiness #mortgages #mortgagebrokers #mortgagebroking #mortgageloan #Sheptonmallett #homeowners #homeowner #homeownership #firstmortgage #firstmortgages #firsthome #firsttimebuyer #remortgage #remortgagethehouse #ukmortgage #ukmortgages #ukmortgagebroker (at Street Mortgage Solutions Ltd)