Re-mortgage
You could potentially switch
your mortgage and save money
Your mortgage may have been the best
deal for your needs at the time but is it still performing
as well as it could?
When you re-mortgage, you are essentially replacing your existing
mortgage with a new one, shifting your debt from one lender
to another. There are thousands of mortgages available across
the market and our advisers at Northridge Mortgage Solutions
will take into account what different lenders are offering
at present and find the best deal to suit your current circumstances.
Re-mortgaging is a good way to escape
high variable or fixed interest rates and more and more UK
homeowners are moving their mortgages to save money. Even
if you have just come out of a special deal and are obliged
to pay an early repayment charge if you change, do not be
deterred and give us a call, as re-mortgaging can sometimes
reduce your monthly mortgage payment enough to still save
you money in the long run.
In recent years re-mortgaging has become
a much simpler and more common process. More and more lenders
are offering specialist re-mortgaging services - often with
free legal, arrangement, and survey fees.
As well as reducing your monthly payments,
you can also use re-mortgaging to release the equity that's
built-up in your property over time. If you have owned your
property for several years, it could be worth more than your
outstanding debt therefore taking out a larger mortgage could
release some extra cash. This could be spent on home improvements,
a new car or other essentials.
Your home may be repossessed
if you do not keep up repayments on your mortgage.
Details
of our fees can be found here.
The FSA does not regulate Commercial
Mortgages or some forms of Buy to Let Mortgages. |
