Remortgaging means moving your mortgage to a new lender while staying in the same property.
Is your mortgage the best one you could have or is it working better for your lender? There is a great chance we will be able to save you cash by finding you a better deal. For example, if your property is worth more than when you bought it, your loan-to-value ratio may have changed – and this could mean you have access to a wider range of deals.
Remortgaging could also help you raise money for home improvements or a special purchase, but think carefully about whether you can afford the extra amount over the full mortgage term. And if you’re planning to consolidate other debts, don’t forget that independent financial advice is available. Your home could be at risk if you can’t make the payments.
Big changes in your life, planned or unexpected, could mean that your current mortgage no longer suits your needs. Whether you’re starting a family or expecting a significant change to your income, remortgaging gives you a chance to find a deal with us that’s a better fit for you now and in the future.
We can also help clients with complex income, previous credit issues or unsual borrowing requirements who might find it difficult to obtain a mortgage via the high-street banks and lenders.