Whether you are coming to the end of your fixed rate with your existing lender or concerned that you might be paying too much for your current mortgage, we have access to more than 90 lenders, which is likely to include your current lender, to ensure you get the best deal, based on your needs, circumstances and preferences.
With interest rates being at an all-time low, it’s certainly worth letting us look into your current deal to establish if there are any other providers offering better deals, or if you should renew with your current lender.
You may have to pay an early repayment charge to your existing lender if you remortgage.
What Are The Steps Involved?
We usually arrange a chat with you over the phone initially and help you understand what you are looking to achieve, such as keeping all aspects of your mortgage the same (term/loan amount) or whether you would like to raise extra capital for home improvements etc.
We will summarise our entire conversation to you by email and explain the next steps in terms of helping you obtain the next mortgage deal for you.
We recommend looking into your options 3-4 months before your current deal expires. We will work together to ensure we find the right mortgage for you, based on your needs and requirements.
We will submit the application to the mortgage lender, who will carry out a survey on your property. If you are tied into a current mortgage, we advise that you check the exact end date of your current deal to ensure that completion does not take place beforehand, to avoid you paying any penalties for leaving the current lender.