If your income has changed since you initially took out your mortgage and you’re considering remortgaging, it’s essential to consider how these changes may impact your eligibility and available mortgage deals. A new lender typically assesses your ability to make mortgage repayments based on your current financial situation. An increase in income could improve affordability, while a decrease may require you a different approach and looking at options to re-structure the mortgage to maintain affordability. Working with OpenDoor Mortgages, our experienced team can help you navigate these changes and find the most suitable remortgage solution tailored to your updated income and financial circumstances.