Remortgages
Life moves fast and it is unlikely that after being in a 5-year fixed mortgage that your circumstances will be the same. You maybe looking to start a family, extend the house, or move to a completely different property and take out a new mortgage. When it is time to remortgage we will explore your present circumstances, aims and goals and find you the most appropriate mortgage for your circumstances.
What is a Remortgage?
A remortgage is a new loan that you take out on an existing property you already own. This could be to secure a better interest rate than the lenders Standard Variable Rate, to release equity from the property, or to release capital to purchase another property or pay some debts off.
Broker Fees for our team to find you the right mortgage, this is typically between £895 to 1% of the loan amount.
Why a Remortgage?
You could:
- Release equity from the property
- Reduce the total term of your mortgage
- Secure a reduced interest rate
Why use a Mortgage Adviser to Remortgage?
Your current lender will no doubt offer you their current products at the end of your fixed term. A mortgage adviser like UK Mortgage Office Ltd will be look to the most appropriate product for your current situation that could be a better fit than your current lender.
If staying with your current lender is the better choice, we can assist your with the Product Transfer.
BROKER FEE DISCOSURE
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate it will be between £895 to 1% of the loan amount
Standard Mortgage Risk Warning
Your home may be repossessed if you do not keep up repayments on your mortgage.
BTL Risk Warning
Your home may be repossessed if you do not keep up repayments on your mortgage.
Non-Regulated Risk Statements
The Financial Conduct Authority does not regulate some forms of Buy to Lets, Wills, Trusts and Overseas Mortgages.
The Financial Conduct Authority does not regulate commercial finance, secured or unsecured loans and will writing.
The Financial Conduct Authority does not regulate secured or commercial lending.