After 14 consecutive base rate rises, the Bank of England have left interest rates unchanged at 5.25% for the first time since November 2021.
The decision by the Bank of England to leave interest rates unchanged represents a significant development in the country’s monetary policy. In this article, we provide our analysis of the situation
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Remortgaging is a financial term that involves switching your existing mortgage to a new one, often with a different lender or on renewed terms with your existing lender. People choose to remortgage for various reasons, such as securing a better interest rate, releasing equity on their property, or consolidating debt.
In this blog, we’ll explore several ways to help you improve your approval chances when remortgaging.
If you would like to speak to an experienced and helpful team about your remortgaging situation, please see our contact details at the bottom of this article.
Key points covered to improve remortgaging approval chances include;-
Obtaining a mortgage can be both a stressful and extremely rewarding process. In order to get there, you must adhere to a set of processes and steps that can be assisted in a couple of ways including using online mortgage tools, or using a mortgage broker.
But, is one way better than the other?
This blog will look at the pros and cons of both sides and offer some guidance on how these factors may affect your overall buying experience.
If by the end of this article you still have questions or would generally like to know some more information about mortgages, we’d love to assist you here at Thameside Mortgages.
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