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Financial Security for Teachers
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- Financially resilient & secure
- Provide great experiences for you and your family
- Enjoy life to the full now
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- identify the money blocks that are holding you back
- implement simple systems to pay off debt & build savings
- banish guilt, reduce stress and FEEL GREAT about money
026 Teacher mortgage: Should I remortgage my house?
With the rising cost of living, we try to stick to a budget and to look for ways to cut back on unnecessary spending but many do not consider remortgaging as another way of saving money. According to Barclays, 49% of people have never remortgaged their house. You might think this is not of great importance to you but I believe it is something that homeowners should look into especially now. This episode will help explain in very simple ways what a remortgage is, how you can remortgage your property and save on average £3,500 pounds a year!
Listen to our latest episode
[01:51] Why it's important to consider remortgaging your house
[03:49] Save £3,500 a year through remortgaging
[07:51] Compare mortgage deals
[09:11] Work with an online mortgage broker
Find out how much you could potentially save by remortgaging your property by using remortgage calculators. By doing this, you can see and compare mortgage deals that are available and save money by switching to one of these deals. Reach out to your mortgage broker and ask if they can come up with a better deal for you, or you might want to work with an online mortgage broker such as Trussle or Habito.
Need help in improving your financial wellbeing? I would love to help you to do that. I have got a membership group called The Money Cafe for female teachers. On there, I help female teachers to feel educated, empowered, and excited about money so please check it out.
Start right now by taking these 3 simple steps
Hi, I’m Eileen Adamson, teacher, money coach, host of Your Money Sorted Teachers' Podcast and ex co-host of BBC podcast Clever About Cash. I help female teachers to become happier, healthier and wealthier.