Mortgages on offer are continually changing –
as are your needs. The mortgage you took out in the past might not
be the most suitable any more, and moving your mortgage could save
you money in the long term.
It’s important that you weigh up the benefits
and costs of different mortgages. You don’t have to change the term
or repayment method if you don’t want to. Moving your mortgage may
mean your current mortgage supplier applies early repayment charges
to allow you to do this.
Police Mutual receive a fee of £200 per
completion and £50 each time a member agrees new terms at the end
of their present deal.
Initial set up fees may apply. Early repayment
charges will apply for the term of any fixed period.
YOUR HOME MAY BE REPOSSESSED IF YOU DO
NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE