Secure the right remortgage for you

Secure the right remortgage for you

If you’re within 6 months of the end of your mortgage deal, we can search the market for a suitable deal, providing peace of mind that you won’t default on to a typically higher standard variable rate at the end of your mortgage term.

Remortgage explained

A remortgage is when you take out a new mortgage on a property you already own, in order to replace your existing mortgage. It involves paying off your existing mortgage with a new mortgage from a different lender, or with the same lender but under different terms.

Why remortgaging might be a good option

There are several reasons why you might consider remortgaging your property:

  • Take advantage of a lower interest rate

  • Borrow money against the property’s equity, releasing money for a project or to consolidate debts

  • Switch from a variable to a fixed rate (or vice versa)

  • Reduce the term, saving you money in the long run

  • Lengthen the term, potentially reducing the monthly payments by spreading the debt over more time

Stay, switch and save

When your current deal is about to expire, you can stay with your lender and switch to a new rate with them. By doing it this way, you save money by not paying any broker fees.

A simpler mortgage journey

Our experienced advisers will work with you to find a mortgage that meets your needs, ensuring the process is as fast, and stress-free as possible.

Your mortgage review 
We offer a free initial consultation to discuss your mortgage requirements and to gather necessary information.
Your mortgage options
We will present options from thousands of deals and advise you as to what may be the most suitable.
Your application
We offer a fully managed application process, you can relax knowing we will be there for you every step of the way.
Congratulations!
Your mortgage journey is complete.

FAQ’s

The amount a lender will offer you depends on your affordability and what percentage of the property’s value you are looking to borrow. Our friendly advisors will have a chat about your situation and what you’re hoping to achieve. They will then search the high street and specialist lenders to find the right mortgage deal for you. 

Releasing equity involves borrowing more on your existing mortgage for an extension, new kitchen and can also be used to consolidate debts. How much you are able to release will depend on a number of factors. We are here to help you to understand your options and the approach that would work best for you.

If you are within 6 months of your current mortgage ending it can be a good time to start researching the mortgage market. This can be especially beneficial if the interest rates at the time are favourable as a better rate deal could potentially be secured. We can help you with this and take away all the stress of sourcing the right product for you. 

The process of remortgaging can vary but will typically take between six to eight weeks from application. Factors that will impact this include whether you want to borrow more funds, if you want a like-for-like deal, if your situation has changed and the length of term.

In this case, early repayment charges will kick in which could cost a significant amount of money. Everyone’s situation is different, that’s why speaking to one our advisors could helps. They will be able to weigh up all the pros and cons and discuss whether it’s financially viable. There could also be alternatives that might not have originally been considered.  

Your home / property may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before proceeding.

We are here to help

Whether you’re looking for a mortgage, protection or a secured loan, we have specialist advisers to support you.
Contact us today to arrange your initial consultation.