026 Teacher mortgage: Should I remortgage my house?

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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!

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[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

What now?

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

Step 1: Check out my fabulous free resources for teachers

Step 2: Join my Your Money Sorted Facebook Group

Step 3: Fast-track your success and Maximise Your Money

Eileen x

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.

Find out more about my membership group - The Money Cafe.  It's a friendly, safe space for teachers who want to feel good about money

For more information on how I can help you, please see my coaching courses, my favourite products and services, my Etsy shop or my Amazon shop.

financial coach for teachers

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