Remortgaging is the process of taking out a new mortgage on a property you currently own, this might be a new mortgage to replace your current mortgage, to add to your current mortgage or to mortgage a property which is currently mortgage free. Homeowners will on average remortgage their home 5 times during the lifetime of their mortgage and you may decide to so yourself if;
· You want a better interest rate
· You want to change whether the mortgage is a fixed or tracker mortgage
· You want to have the flexibility to be able to make overpayments or under and over pay depending month to month
· You want to release funds to renovate or extend your property, pay off other debts etc.
· You want to let your property and need to change to a buy-to-let mortgage
· You want to either add or remove owners of the property by a transfer of equity and need a new mortgage agreement to do so.
If you are considering remortgaging your property, our experienced, friendly and efficient team are on hand to assist you.
Get a free online quote today.
Alternatively, give us call on 01394277941, or fill out our contact form, and we would be happy to discuss your requirements in further detail.
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