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Remortgage Advice you can depend on

Our advisers specialising in Remortgages are local to you & will work with you every step of the way to make the Remortgage process hassle free, we will explain the entire process & help you complete the application forms, advise on solicitors and conveyancing where required.

We will want to learn more about you, your circumstances, and your overall financial position. Using our expert knowledge and database of several thousand mortgages, we will find the ones that are most suitable for your remortgage needs.

Why remortgage at all?

The main reason that you might want to remortgage is to save money, sometimes there can be substantial savings on your current monthly Mortgage payments. Or you could be coming to the end of your current Mortgage products term meaning you may be on a non-competitive rate so again big savings can be made.

As Comprehensive Mortgage & Insurance Advisers, we are able to source mortgages from a range of over 50 lenders currently available in today’s mortgage market. With no ties to any one lender, bank or building society, we review your requirements and research all the lenders to find a suitable product for your specific circumstances.

By getting to know your priorities and goals and understanding the bigger picture, we can piece together a Mortgage to ensure the things that matter to you most – your family, income, business, or maybe all three – are protected leaving you on track to achieve your financial goals.

REMORTGAGE ADVICEOnce we have identified the options available we’ll meet with you again or discuss our findings over the phone, whichever is more suitable to you. Assuming you are happy with our recommendation, we will work with you to complete the Mortgage application forms & liaise on your behalf with solicitors, valuers & surveyors. We can also guide you through protecting your new property and we will always be there for you throughout the process.

We hope we have given you a broad insight into what’s involved in a property purchase. There are many types of mortgages available, numerous additional things to think about and costs to bear in mind. If you’d like more information, or would like help planning your first property purchase, please get in touch.

Remortgages

Remortgage checklist

  • It is worth noting that a remortgage isn’t always the most suitable option. Sometimes any saving made by securing a cheaper interest rate can be outweighed by the fees incurred in setting up the new mortgage and converting unsecured debt to secured debt may not be in your long term interest.
  • If you plan to switch mortgage, remember to look at the overall repayment period too. You may be able to pay less monthly, but check the final repayment date of the mortgage. It may be longer than your current deal.
  • You may be able to find a new mortgage deal with your current lender – and it may even work out cheaper to do so.
  • Securing short term debts against your home could increase the term over which they are paid and therefore increase the overall amount payable. You may have to pay an early repayment charge to your existing lender if you remortgage.

 

Your home may be repossessed if you do not keep up repayments on your mortgage