Is Now the Right Time to Remortgage in Queen’s Park?
- George Christou
- Jul 3
- 2 min read
Updated: 5 days ago
Queen’s Park, with its quiet streets, desirable homes, and excellent schools, is one of Bournemouth’s most sought-after neighbourhoods. But if you’re a homeowner here, you may be wondering whether your mortgage is still working as hard for you as it could be. In this article, we explore why now might be the right time to consider remortgaging your Queen’s Park property.
The End of a Fixed Deal – What Next?
If you originally secured a fixed-rate mortgage, you could be due to move onto your lender’s standard variable rate (SVR) when that deal ends. SVRs tend to be higher than current market rates, and this could mean significantly higher monthly payments.
Remortgaging before this happens allows you to lock in a more competitive rate and keep your monthly costs predictable – something every homeowner values.
Releasing Equity in a Rising Market
Queen’s Park has long maintained strong property values thanks to its reputation, amenities, and leafy appeal. If your home has increased in value since you purchased it, remortgaging can allow you to release equity to:
Fund renovations or extensions
Invest in another property
Support family with gifts or loans
This is especially appealing to homeowners in Queen’s Park with larger homes that have appreciated steadily over the years.
Consolidating Borrowing
If you have personal loans, credit card debt, or other borrowing, remortgaging to consolidate this into one lower-interest payment can help simplify your finances. This approach is particularly useful if you have a strong credit profile and significant equity in your home.
Queens Park Remortgages - Tailored Options for High-Value Properties
Many homes in Queen’s Park fall into the higher-value bracket, which may require a more bespoke approach to remortgaging. At Bournemouth Mortgages, we work with lenders who specialise in:
Large loan sizes
Self-employed applicants
Complex income structures
We understand the nuances of the Queen’s Park property market and tailor our advice accordingly.
Ready to Explore Your Options?
Remortgaging isn’t just about chasing the lowest rate – it’s about making sure your mortgage fits your life. Whether you’re nearing the end of a deal or simply want to review your options, we’re here to help.
Give us a call on 01202 985214 for a free review, or send us your details and we'll get straight back to you.
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