News

Remortgage Lending Could Be the Relief from the Heatwave that Homeowners Need

Remortgage Lending Could Be the Relief from the Heatwave that Homeowners Need

The UK is in the midst of a heatwave that is expected to break records. Not only is this summer to be one of weather records, but experts are suggesting this will become the new norm. Our summers could begin to resemble those experienced in more tropical climates, and yet our homes may not be prepared to offer us the relief we need.

Homeowners may have to consider that upgrades to their homes for better cooling against summers with record breaking heatwaves might be needed. A remortgage might be the answer for those looking for the funds to refurbish their home’s cooling and heating systems.

Not only could a remortgage offer a savings and protect against rising interest rates, but by releasing equity built in the property into cash the homeowner could make the upgrades needed to better enjoy the home in the years ahead, including the hot summers.

Homeowners that choose an equity cash release remortgage can of course use the cash for any purpose they desire, after all, it is their equity built up and therefore their cash.

The current heatwave could be the motivation a homeowner needs to finally secure a remortgage. Not only could their equity released into cash offer possibilities to make the home better equipped to offer relief from weather impacts, both hot and cold, but it could save them a substantial amount of money with a lower interest rate attached. Lenders are still offering very attractive deals to homeowners looking for a remortgage despite warnings of a possible rate increase by the end of the year.

The heatwave gripping the UK according to experts is likely the new norm, and if that is the case homeowners looking to find relief could consider releasing their built up equity into cash with a remortgage and make their home a cool refuge against the heat.

Obligation Free Remortgage Quotations

Get a Quote »