Remortgage

Service Details

Is your current mortgage due for renewal in the next 6 months? 

Is your family growing and you need to borrow extra funds for that loft conversion?

Has it been a while since you last reviewed your mortgage and you are sitting on a standard variable rate?  

Or maybe you need to borrow additional funds to clear debt?  

Whatever your reason The Mortgage Depot will advise and recommend the right product for you.

With mortgage rates at a record low, you may save money by switching products.  If you are looking for the best deal on the market, why not call The Mortgage Depot now.  I will research various options applicable to your needs and circumstances including – reducing your mortgage term, loan amount or rate -potentially saving money in interest payments.

The remortgage process involves obtaining a new mortgage to pay off the existing mortgage on the same property.

Clients remortgage for various reasons, including:

  • Obtain a better rate from another mortgage lender
  • Change the mortgage term or loan amount.
  • Raising capital for:

    – Home Improvements
    – Deposit for another property
    – Debt settlement
    – Divorce settlement
    – Business Purpose

    Remortgages are determined by the value of a property and the loan amount required; this gives a Loan to Value (LTV), mortgage lenders in turn offer specific products deals based on Loan to Values. Generally, mortgage lenders offer incentives for remortgage applicants e.g. free basic survey or free legals, based on specific Loan to Values. We will research the mortgage market to find the right mortgage deal based on your circumstances.

     

    You may have to pay an early repayment charge to your existing lender if you re-mortgage. The Mortgage Depot will ensure all costs are considered so that you can make an informed choice

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

     

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    "I will always contact you on the same day of your enquiry"