Releasing equity is one of the most affordable ways to borrow money
Many people have a great deal of money tied up in their homes, with Purely Mortgages expert consultants we can help you to free up these funds with ease.
Releasing equity is a great way to help consolidate your debts, pay for that new car or those home improvements.
In order to release equity you usually have to remortgage your property.
Remortgaging
Low initial interest rates generally last for 2 to 3 years. If you haven’t remortgaged then it’s most likely your lender has put you on a standard variable rate which is normally 2% higher then the best deals available. So on an average mortgage of £150,000 it is costing you an extra £3,000 a year.
By remortgaging with Purely Mortgages we can help get you onto a better rate, possibly saving you thousands of pounds a year and cutting your mortgage term by several years.
Find out more about our great rates on our best buys page!
To find out more out releasing equity contact Purely Mortgages now on, 0800 422 00 33 or request a callback.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
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