With so many different products available in the market today, it is a good idea to speak to one of our advisors who are able to provide you with a clear understanding of all associated costs involved and if remortgaging your existing property is the right option for you.
Reasons for remortgaging:
- Obtaining a better rate – by switching your mortgage you could save money
- Raise additional capital
- Refinance an existing loan
- Debt consolidation
It is worth noting that a remortgage is not always the best solution.
You should know that just as arranging a new mortgage, a remortgage also has costs involved. For example, there may be an early repayment charge (if you are still in your tie-in period with your current mortgage lender), solicitors fees, lender arrangement fees, broker fees and valuation costs.
If you are planning to consolidate debt, it is important for you to know that securing short term debts against your home could increase the term over which they are paid and therefore increase the overall amount payable.
Our aim is to support you through the remortgage process, answer any questions you might have and ensure the process is clear and simple for you. Our fully qualified mortgage advisers are here to take the stress away.
Call our advisors today to discuss your requirements in more detail.
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