Remortgaging

There are many reasons as to why you may want to remortgage. For example, you may want to achieve a lower rate of interest and therefore lower monthly repayments, consolidate other debt onto your mortgage, make home improvements, buy a new car, raise a deposit for an investment property, help a family member purchase a property etc.

The remortgage process these days is generally very quick and easy and in some cases, the new lender will pay for any mortgage valuation and legal costs to switch the mortgage (subject to status and availability). Adding existing debts to your mortgage may both extend the repayment term and increase the overall cost of the debt.

We can give advice as to whether you are better off remaining with your current provider or if it more beneficial to switch lenders. If it is beneficial to remain with your current lender they will normally allow you to secure a new rate between 3 and 4 months before your current rate expires but it can be possible to secure a rate with an alternative lender 6 months in advance.

By having access to a comprehensive range of mortgages, we will search the market for you to find you the most suitable deal for your circumstances.

Think carefully before securing any other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage.

Contact

For more information please call us on 01737 222353 or email your requirements to enquiries@reigatemortgagesolutions.co.uk.