Re-Mortgages

The term 'remortgage' simply means switching your mortgage deal and/or mortgage lender.

Remortgages are very popular, and with good reason. Whether you are switching your current mortgage for a better remortgage rate, more suitable conditions, debt consolidation, better service or increasing the size of your home loan, there are plenty of deals for remortgages available.

Pro's and Con's

  • Remortgages offer a cost-effective means of freeing up cash
  • Competition means that it is quicker and easier than ever to remortgage
  • You should seek professional advice to make sure it is ensure it is worthwhile.

Expert Advice...

At Money and Mortgages we can offer you the professional advice to help you review your position and achieve your aims. Our team of experianced advisers can help you find the right product for your needs. We take the time to listen to your circumstances and then use our expert knowledge and experiance to find you the right product in the market for your needs.

Equity Release...

Remortgages can be the easiest way of getting your hands on some cash. Many thousands of people remortgage to raise cash every year. The process is also known as 'releasing equity' from your property.

In effect, you are increasing the size of your mortgage in order to free up funds. Many home-owners use the money to pay for home improvements, but you can remortgage for any reason - to pay for a holiday, buy a new car, or home improvements.

Debt Consolidation...

If you have credit card debt and/or personal loans, it is possible to consolidate all your debts into your mortgage via a remortgage.

This can make sense, as the interest rate charged on a mortgage will almost always be substantially lower than the interest rates charged on credit cards and personal loans.

Remortgages can consolidate debts into one loan that is easier and cheaper to manage. But you must have some equity in your property in order to do this.

 

Shop Around...

With access to the whole of the market we can search from the large number of lenders and products available to find you the right product first time. With changes and improvements taking place all the time, we keep ourselves up to date so you dont have to. Apply online now for a quote or call us on 0845 094 9260.

We can consider mortgages for all circumstances. A fee of £250 or up to 0.5% of the loan amount, if greater, is payable on completion. Typically this will be £250.

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