Remortgages
When your current mortgage product comes to an end, be it a
Fixed, Tracker, Capped or Discounted rate, you will find
yourself on the Lenders standard variable rate. This may be better
or worse than your previous product.
Your options available to you at this stage are:
- Do nothing and stay on the variable rate.
- Renegotiate with your lender for another product.
- Switch to an alternative lender.
With the dramatic change in the Mortgage Market, and depending
on the level of equity within your property, you could find
yourself unable to move your mortgage. We can assess the full
circumstances on your behalf and give you the advice you need.
You may also wish to remortgage for the following reasons
- Debt Consolidation
- Releasing Capital
- Getting a better interest rate
- Home Improvements
- Paying for School Fees
- Purchasing a second home
When ever you look to move your mortgage from any lender, It is important to consider any redemption penalties that may apply and the costs involved in the transfer of your mortgage to ensure its cost effective. Moneywest Mortgage and Money advisers, have the very latest technology available to them to check and confirm what savings or additional costs may be applicable in such an event.
We have also a few handy mortgage fact sheets which you can download here, each link opens as a new pop up.
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Which Mortgage is suitable for you |
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FSA Fact Sheet - you can afford your mortgage now, but what if... |
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Glossary of Mortgage Terms - Mortgage Jargon Buster |
Call us and let us run through with you the things you need to and should consider.
Mortgages Menu
