What are the fees when remortgaging?
When you remortgage your home, you might be charged an exit fee on your existing deal if it hasn’t come to the end of its term. Plus, you’ll typically have to pay arrangement fees on a new mortgage, as well as solicitor’s fees. You should take these into account when deciding whether remortgaging makes sense.
What are the benefits of sticking with the same mortgage provider?
You don’t have to change provider if you want to remortgage, you can simply switch deals with your current provider. This could mean you have less paperwork to complete, as your lender already has your information, and you may have to pay out less in fees.