Moving home is always a big decision. When relocating, you have to weigh up the pros and cons of why you should move your whole family and life to another area.
Things become further complicated if you have issues pulling you in opposite directions.
A common example is if your family is outgrowing your home but you don't want to leave the area as you have convenient local jobs; the children love their school and it's a good one, and friends and family are nearby. But if your home is simply too small then something must be done: however; it doesn't have to involve moving.
Home Improvements Funded byRe-mortgage
By re-mortgaging, you could get your hands on enough funds to pay for a variety of home expansion projects. From a loft conversion or basement overhaul to a home extension; a home refurbishment that better utilises your living space to a garage conversion; a kitchen or bathroom refurbishment to a conservatory; it could all be possible courtesy of the funds from a re-mortgage.
With so many fantasticre-mortgage deals on the table from major lenders at the moment, now is a fantastic time to be thinking about switching to an alternative mortgage and taking out additional funds; but of course, as always, takingwhole of market mortgage advice from a qualified mortgage consultant is vital to ensure the right deal is chosen. It has to be one you can afford now and into the future, and one that will provide savings for you.
Withoutspecialist mortgage advice and access to the whole of the mortgage market, you'll never know whether your chosen deal is right for you, so make sure your advice is independent and not tied into a bank or building society or an adviser who works from a panel.
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.