The Remortgage Guide

STOP PRESS FEBRUARY 2009: Massive changes in remortgage market
Since this guide was last fully rewritten, the credit crunch has hit, house prices have plummeted and the UK has hit full blown recession. This has had numerous knock on effects to the way remortgaging works. The guide is still a very good overview, but isn't 100% up to date; we're in the process of doing a full update.

This is a full 30-page printed and PDF guide on how to get the very best MoneySaving remortgage deal possible. As with everything else on MoneySavingExpert.com it's completely free and available to all.

Who's it for?

This remortgage guide is for anyone who already has a mortgage deal and either wants to try to cut its cost, move house, consolidate debts or change the deal in any way. If you're a first-time buyer, want a buy to let mortgage, or have a poor credit history, instead see the MoneySavingExpert.com Mortgage Guide (those remortgaging with a poor history should read the two guides in conjunction).

Order the printed version Call 0800 073 1957 or order online GO	Get an Instant PDF Download it here GO

There's only a limited supply of the printed copies so please download the PDF version if you're able to.

• Why remortgage?
• How come it's free
• Will there be more guides?
• Other Articles/Discuss

Why remortgage?

The simple reason is because it will save you an absolute fortune. Cutting 1% off a £100,000 mortgage will cut your costs by around £80 a month. Remortgaging is the biggest single money-saving activity possible, the financial equivalent of liposuction. Take the plunge and the pounds will slip off straight away.

The reason for a printed guide is because remortgaging is just too large a subject for an online version. It's something you need to sit down, read through and take some time over. After all a mortgage is likely to be your biggest single expense and therefore getting the remortgage right offers the biggest single savings.

Does the credit crunch change anything?

The guide was printed before the Credit CrunchThe Credit Crunch

This is the name given to the current phenomena that banks and other big financial institutions are struggling to find money to borrow. As they can’t find money to borrow they’ve less to lend out, which means the cost of debt is increasing, and its availability is decreasing. In other words it’s getting more difficult and more expensive to borrow.

How come it's free?

The guide is sponsored by fees-free mortgage broker London & Country, but don't worry, they've had nothing to do with the content, that purely depends on my view of the best way to save money while remortgaging. The guide is written with complete editorial independence and purely focused on finding you the best deal. This was something I made sure was in the contract with it.

Having said that, L&C isn't stupid. I've been independently listing it as one of the top brokers for the last three years (see my Mortgages: Sneakily get the best mortgage broker article) so it had a pretty good idea it wouldn't come out too badly.

The reason it sponsors the guide is it gets a one time chance to include its own letter promoting its service when it mails out the guide. And just to assure you, you won't be sent any follow-up advertising or marketing or any of that malarkey.

In the trade this is known as a payment for ‘lead generation' and in this case that means L&C pays for the publishing, printing, posting and a small fee to help this site. See more about this site's ethical financial stance.

Will there be more guides?

There already are. There's a Child Trust Fund Guide and there's a Mortgage Guide.

Order the printed version Call 0800 073 1957 or order online GO	Get an Instant PDF Download it here GO

There's only a limited supply of the printed copies so please download the PDF version if you're able to.