Remortgages
A remortgage can be used for a variety of reasons. Some common examples are:
Raise money for home improvements or new car
Raise money to purchase other properties or gift a deposit to family members
Switch your mortgage for a better interest rate so you can save money every month
Consolidation of debt (secured and unsecured)
Transfer someone on or off the mortgage
Whatever the reason; speak to one of our specialist advisers who have years of experience.
A remortgage can be used for a variety of reasons. Some common examples are:
- Raise money for home improvements or new car
- Raise money to purchase other properties or gift a deposit to family members
- Switch your mortgage for a better interest rate so you can save money every month
- Consolidation of debt (secured and unsecured)
- Transfer someone on or off the mortgage
Whatever the reason; speak to one of our specialist advisers who have years of experience.
How does remortgaging work?
You can only remortgage if you already own the property. Using the equity you have built in the property you can release funds assuming you fit affordability.
This is generally a much quicker process than purchasing as the majority of the legal work has already been completed.
Often this will mean switching mortgage providers but its also the same process when no mortgage is attached to the property.
Lenders often offer incentives such as a free valuation and fee assisted legal processes in order to obtain your business