There are numerous benefits to be had from a remortgage. In a nutshell, the key reasons for remortgaging are:Find a better mortgage deal – Many people choose to ‘shop around’ at the end of their discount, fixed or capped mortgage period, in an effort to find a better deal and save money on mortgage interest.

Debt Consolidation – One of the biggest incentives for a remortgage is to consolidate your debt into one loan. If a mortgage is used, this can usually provide the lowest available interest rates for your debt.Changing status from employed to self employed or vice versa – This can have an impact on your mortgage costs, as a regular employee income is liked by lenders, while self-employed individuals can benefit from a wide range of mortgages including self-certification mortgages.

Equity Release – Many individuals will choose to remortgage to raise funds for other commitments and investments, such as home improvements, a second home, buy-to-let, property abroad or to fund business expansion.

At Fiscus Finance, our commitment is to try and offer consumers informed choice.