The property market has been an exceedingly difficult one to judge this year, with surveyors being very cautious at the...
You may also have other, costly loans with high repayments that are proving to be a hefty monthly burden. Through mortgage refinancing, you can consolidate those into one, easy to afford, monthly repayment. With the increase in home values and consistently low interest rates, more and more people are looking to mortgage refinancing as the way to reduce their monthly commitments and start to enjoy life again with the peace of mind that comes from knowing that they can afford to pay the bills. What’s more, with our friendly, helpful team always on hand to listen and offer advice, you’ll know that your mortgage refinancing is in safe hands. You will potentially pay more interest by consolidating if the loan is increased and the term is extended.
All of our discussions are treated in the strictest confidence and with the utmost discretion. So, what have you got to lose? Why not call us for a no-obligation chat and see whether we can help you. A remortgage is changing your mortgage without moving your home. Remortgaging is the process of switching your mortgage to another lender that is offering a better deal than your current lender thereby saving money. A remortgage can also be used to raise additional finances by releasing equity in your property.
When you remortgage you are ending your old mortgage deal and switching to a new one. This normally involves switching your lender although you can sometimes change deals with your current provider. If you do remortgage with your current lender it normally involves changing your existing deal. Remortgaging can allow you to get a better rate of interest and reduce your monthly mortgage payments. A remortgage allows you to consolidate existing loans to one manageable monthly payment or raise money to buy a new car or home improvements. You will potentially pay more interest by consolidating if the loan is increased and the term is extended.
Homeowners who want to raise money for home improvements, buying a car or other purposes often find that a remortgage to raise the money is cheaper than taking out a personal loan or using credit cards. This is because interest rates on mortgages are amongst the lowest of all the different types of loans. Remortgaging is a better option then credit cards, avoid incurring any further debt and see just how much you can save by switching your mortgage lender. A Mortgage 4 You by Michael J Alexander – specialists in helping people who have adverse credit to obtain mortgages (Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage).