Can Remortgage Be Done Only Once?

As long as you have sufficient equity to meet the requirements of the lender, you can remortgage as many times as you like. Surprisingly, it is also possible to remortgage as often as you like, as well.

Always keep in mind that you will probably be responsible for the early redemption charges if you are currently in a special rate agreement. A special rate agreement might include a fixed, capped rate remortgage or discounted rate remortgage. Also you may have to pay arrangement fees.

To stay on top of your financial future, make sure you review your mortgage yearly and decide if remortgaging would save you money.



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