Remortgage
We pride ourselves on truly independent advice for clients looking to remortgage.
What is a Remortgage?
A remortgage is when you move your mortgage to a new lender while staying at the same property.
There are various reasons why a remortgage is a good option to take;
- Save money by switching to a lower interest rate
- Start a home improvement project such as an extension by borrowing more money
- Be more efficient with your financial planning by considering debt consolidation
- Have the ability to be mortgage free earlier by reducing the length of the lending term
- Lower your repayments by making a significant reduction to the balance or your borrowings
- Following a separation from a joint partner, you may need to transfer equity out of the current lending agreement
We will discuss all your requirements, understand your situation in detail before recommending the best option for you.
We need to understand your existing lenders’ terms and what they are willing to offer, so we can compare these to the remortgage options.
Looking to find out more?
Is remortgaging right for you?
Reasons why a remortgage is a good idea:
- Your current deal is about to end and you want a better rate
- You want to borrow more money
- You're worried about interest rates going up
- You want to overpay, and your existing lender will not allow it
- You want to help your children onto the property ladder
- You have separated or met someone and want to transfer equity
- Your property value has increased, and you can review the product range available
Reasons why it may not be a good idea:
- You may have had credit problems since taking out your last mortgage
- You are already on a competitive rate
- You have very little equity
- Your property value has dropped
- Your financial circumstances have changed, and you may no longer be in employment or you have recently become self-employed
- Early repayment charge is large
- Your mortgage debt is really small
Adrian Drake
I've been using ChoiceMortgages UK Ltd for over twenty years. I've bought a fair few houses over those years and always received the best mortgage advice and first class customer service. Thank you.
Best advice for 20 years
How we can help?
Whatever your requirements, we can help you with a remortgage. Whether you are local to Stamford or live further afield, we have helped thousands of clients throughout the UK.
You might think a remortgage is not possible. After an initial consultation, which is free, we will review your circumstances and make a recommendation as to the best way forward.
Don’t waste time speaking to different lenders, when we are specialists in this area. We understand the lending criteria and have access to the whole market, giving us the opportunity to review all options for you, quickly and efficiently.
Let us take the time and stress away, review your options and provide a tailor-made solution. From there we help with all documentation and detail required to submit a successful application. Don’t let your busy life get in the way of you finding a remortgage that is right for you.
