Getting a remortgage for your house
Remortgaging is when you pay off your existing loan and take out a new one against the equity you have on your home.
There are many reasons why people decide to remortgage such as:
- Cheaper Interest Rate
- Release Equity
- Home Improvements or build an extension
Cheaper Interest Rate:
Obtaining a lower interest rate is one of the main reasons why people choose to remortgage. By switching to another lender with a cheaper interest rate you can reduce your monthly mortgage repayments.
With interest rates at an all time low but likely to increase there has never been a better time to review your mortgage. Our expert advisers are available now to discuss your potential savings.
It may be possible in certain circumstances to release equity in your home to allow you renovate your home, convert or build an extension. Talk to us today and we can advise if you would qualify for an equity release.
Whatever your reason to remortgage, at Mortgage Plus our experienced Financial Advisors will take the headache out of having to deal with the banks!
We help you access the best interest rates available with our panel of lenders and look after all the paperwork from first phone call to when your new mortgage cheque issues.
READ SOME OF OUR TESTIMONIALS
I was under the impression that changing mortgage provider at this stage in the term would be too expensive to contemplate. Because of Leo’s advice and support in obtaining a much better rate we are now better off in our pocket and our mortgage will finish sooner.