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New Monthly Payment
Remortgaging means switching your mortgage to a new deal, often to get a better interest rate.
It can help reduce your monthly payments or release equity from your property.
Always compare deals and check fees before switching.
Usually when your fixed deal ends or better interest rates are available.
Yes, switching to a lower rate can reduce your monthly payments significantly.
Yes, check for early repayment charges, arrangement fees, and legal costs.
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