Remortgage Advisor
Remortgaging Advisers
It’s time to remortgage, but are you sure your current lender gives you the best deal? Are you wondering if there are cheaper options on the market for you? Then it’s time to talk to a broker. When your current mortgage deal ends, we are on hand to help you find a remortgage deal that works for you here at “Mortgage Made Easy”.
A remortgage will allow you to replace your old mortgage with a new one. It would also help you reduce the size of your loan and, as a result, get a lower interest rate. The same as previously, this remortgage process will go through your credit score and any mortgage debt you have.
However, minor differences in rates of a remortgage can significantly impact your repayments, making it crucial to get unbiased remortgage advice that you can trust. Our mortgage advisors are knowledgeable and experienced in all facets of remortgaging and have a personal interest in ensuring your satisfaction. We will help you find the right mortgage provider for you.
Why Remortgage Your Existing mortgage?
If you are someone who searches around for the best mobile phone or TV contracts, you can use the same strategies to save money on your mortgage. Yes, we are talking about a remortgage. Different lenders’ standard variable rates can change, meaning you will find remortgage deals that may be better than what you pay now; a new lender might offer you a fixed rate deal.
Our mortgage advisers will help you find the mortgage balance you need; whether we see you a better deal than your current mortgage deal or match your current value, we can help you.
Remortgaging refers to the practice of refinancing an existing mortgage for a new loan secured by the same property. You have the option of remortgaging with the same lender or with a new one. If you are already considering a remortgage, then you will find the following helpful information.
Why Remortgage Your Existing mortgage?
If you are someone who searches around for the best mobile phone or TV contracts, you can use the same strategies to save money on your mortgage. Yes, we are talking about a remortgage. Different lenders’ standard variable rates can change, meaning you will find remortgage deals that may be better than what you pay now; a new lender might offer you a fixed rate deal.
Our mortgage advisers will help you find the mortgage balance you need; whether we see you a better deal than your current mortgage deal or match your current value, we can help you.
Remortgaging refers to the practice of refinancing an existing mortgage for a new loan secured by the same property. You have the option of remortgaging with the same lender or with a new one. If you are already considering a remortgage, then you will find the following helpful information.
Book An Appointment With An Advisor Today
Why Remortgage?
A remortgage is a good option if your existing mortgage is about to expire or has already switched to the standard variable rate. Remortgaging will help you lower your mortgage bills, pay off current loans, and complete home improvement. All mortgages are monitored through the financial conduct authority, with interest rates being observed. Still, you can save money by shopping around to find the best fixed-rate mortgage with monthly payments that work for you.
However, you must carefully evaluate whether you can afford the additional payment over the life of the loan. Remember, if you cannot afford the fees, your house could be at risk. Repayments on your mortgage must be paid for the entire mortgage term. Otherwise, you could be subject to problems such as your home may be repossessed.
Remortgaging offers many homeowners the opportunity to save money, but it is not the right option for everyone. A remortgage may not be suitable if:
- You have high early repayment charges
- You need a loan of less than £25,000
- Your property isn’t habitable
- You have a logger
Reasons to Remortgage your current mortgage deal
Significant changes in your life, whether planned or unplanned, could render your current mortgage insufficient. In such an event, remortgaging allows you to negotiate your mortgage with lenders who are a perfect match for you now and in the future.
If you need to remortgage due to financial difficulties, you can consolidate existing borrowing to find the best remortgage deal you can afford. It would help if you went for a straightforward loan to value ratio and made sure you could afford the remortgage rate. We recommend using our mortgage advisers to compare mortgages, look at exit fees and your eligibility criteria.
Reasons to Remortgage your current mortgage deal
Significant changes in your life, whether planned or unplanned, could render your current mortgage insufficient. In such an event, remortgaging allows you to negotiate your mortgage with lenders who are a perfect match for you now and in the future.
If you need to remortgage due to financial difficulties, you can consolidate existing borrowing to find the best remortgage deal you can afford. It would help if you went for a straightforward loan to value ratio and made sure you could afford the remortgage rate. We recommend using our mortgage advisers to compare mortgages, look at exit fees and your eligibility criteria.
Find Better Mortgage Deals
Your current agreement could be nearing its end, and most fixed-rate mortgages are only valid for two to five years before they become a standard variable rate mortgage. It will almost certainly be higher than the previous interest rate and the best rates currently available.
This may encourage you to look for a new low-cost mortgage. Conversely, you may be willing to overpay on your mortgage to pay it off faster. You can do this after your fixed period, but most lenders will allow overpayments, up to 10% of the loan, without any early repayment charges during your selected period.
Are Your Mortgage Payments To high?
Remortgaging for debt consolidation involves using the accumulated equity in your home as collateral for a mortgage to pay off your current debts. It entails securing a new mortgage to pay off the old one or other debts you have.
A remortgage generally has the lowest interest rate on the market, resulting in smaller monthly repayments and making it a cost-effective way of managing your other debts.
How Long Is The Process?
Remortgaging takes around 4 to 6 weeks on average. It is much easier and faster than purchasing a new house because the property’s deeds are already listed under your name when you remortgage, eliminating a major logistical component of the mortgage process.
Are Your Mortgage Payments To high?
Remortgaging for debt consolidation involves using the accumulated equity in your home as collateral for a mortgage to pay off your current debts. It entails securing a new mortgage to pay off the old one or other debts you have.
A remortgage generally has the lowest interest rate on the market, resulting in smaller monthly repayments and making it a cost-effective way of managing your other debts.
How Long Is The Process?
Remortgaging takes around 4 to 6 weeks on average. It is much easier and faster than purchasing a new house because the property’s deeds are already listed under your name when you remortgage, eliminating a major logistical component of the mortgage process.
Make An Appointment Today
Get in touch with us today for all your remortgaging advice needs; we are always on hand to help you find the best mortgage rates, minimum deposit and best interest rates. Get in touch today for any remortgages, life cover, first-time buyer mortgages, buy to let mortgages and more.
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