Moving or Remortgaging
How do you get a mortgage to move properties if you’ve already got a mortgage on your existing home?
Navigating the process of home mover mortgages, from porting your existing mortgage to finding remortgage deals, is complex. Our home mover mortgage service is here to make sure you understand the process you need to follow to complete your plans and buy the property you’ve got your eye on.
Remortgaging can save you thousands of pounds over the term of your home loan. It can also be a way to fund the purchase of a second property. Finding the best deal for you, however, can be tricky – especially if you only look at the high street offers available.
Our remortgage advice service includes access to thousands of deals from our comprehensive panel of lenders – including offers you won’t find yourself on the high street.
Remortgaging covers a wide range of scenarios, such as:
Raising capital to fund the purchase of a second property
Changing your residential mortgage to a buy-to-let mortgage
Reducing your mortgage costs once your current fixed-term period ends.
With such varied circumstances leading to remortgages, it’s important to work with a mortgage broker with in-depth knowledge of the market.
It’s not just about saving money. It’s also about getting a mortgage which is right for you and your situation.
So here are some more reasons to think about remortgaging:
Your mortgage doesn’t fit any more
You’ve had a pay rise or maybe you’ve inherited some money.
You want to make extra payments to your mortgage but your current deal won’t let you, or it will only let you make a small overpayment. Or perhaps you need to be able to miss a payment. Changing jobs or going back into education — whatever the reason, there are mortgages which will let you take payment holidays.
You want to borrow more
Perhaps your current lender has said no to lending you extra money (called a ‘further advance’) or the terms it’s offering aren’t very good. Remortgaging to a new lender might allow you to raise money cheaply on low rates.
Ready to discuss your remortgaging needs?
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