Remortgaging

In recent years, many borrowers have taken advantage of highly competitive discounted or short-term fixed rates. While these rates have served them well for two or three years, many will be coming to an end in the months ahead and the new lending landscape may seem more confusing and alien than before.

To avoid missing out on securing another good mortgage product, it is important that you should look into the possibility of remortgaging your property, possibly (but not always) to another lender. Doing so could potentially save you a significant sum of money over time.

Other reasons for remortgaging

• Your current residential mortgage may have been suitable when you took it out, but personal circumstances change and it could be that a different type of mortgage is now better suited to your needs.

• Many of us are simply looking for a better mortgage deal, or would like to release some of the equity in our home to make improvements.

• Landlords may wish to remortgage their buy to let properties either to expand their portfolio or to increase yields.

Whatever your reasons, just give us a call to talk things over on 01206 823953

Rest assured, if we do not think that remortgaging is in your best interests we will tell you.

For advising on and arranging a residential mortgage you can choose how we are paid.
We can accept commission from the lender or you can pay a fee, usually 0.3% of the loan amount with a minimum fee of £290.

Your property may be reposessed if you do not keep up repayments on your mortgage