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Homeowners know what it’s like to have to remortgage, trying to look for the best financial options for your circumstances. But what happens when your situation could change in the near future and you are unsure of the best and most financially beneficial options?
Jo, is 50 and her daughter has moved out leaving Jo to consider down sizing her property, but with no new dream home on the horizon Jo still needs to remortgage her current property.
In The Times various solutions are discussed and our Mortgage and Protection Consultant, Marie Dalrymple, suggests a fixed rate repayment mortgage with a porting option, which means she could carry the mortgage over to her new property.