Free Remortgage Advice
Remortgaging is the process of applying for a new mortgage on a property you already own. It offers a great opportunity to save money on your repayments each month, but there are several other benefits and reasons for remortgaging too.
Remortgaging can be beneficial if your home has increased in value or you’ve paid off a lump sum of your mortgage, as this results in a lower loan-to-value figure and means you could be eligible for a better deal.
Another reason could be that your existing mortgage deal expires soon and you’re concerned about potential increases in variable mortgage rates or changes to the Bank of England base rate, and you want to avoid a steep increase in your monthly repayments. You may simply want to borrow more money for unexpected bills or home improvements, as you can release some of the money you’ve built up through equity and consolidate the repayments into your mortgage rather than taking out a separate loan. You can remortgage with your current lender or move your mortgage to a different lender if they are able to offer you a cheaper mortgage rate.
Town & Country Mortgage Services offers free advice for our mortgage and protection advice that can help guide you to the right decisions for your needs. Our friendly and experienced advisers have access to a comprehensive range of lenders, so we can ensure that you get the best deal available to you, based on your personal circumstances and requirements.
Compare the best remortgaging rates
If you’re unsure whether you’re eligible for remortgaging or you want remortgage advice, it’s a good idea to speak to a remortgage expert who can advise you on the best deals available to you.
Town & Country Mortgage Services is an award-winning broker that provides free advice for our mortgage and protection advice – when you get in touch with us, you’ll be put in contact with an experienced adviser who will guide you through the remortgaging process from start to finish. We can help you find the best deal for your situation, whatever your reasons for wanting to remortgage.
A member of our team will be able to offer remortgage advice and explain any potential risks or eligibility criteria to you, so you’ll always have the option of asking questions or discussing any requirements at a time that’s convenient to you. A remortgage broker has access to a comprehensive range of lenders in the market and isn’t tied to any one particular lender, so you can find the perfect deal that suits your budget.
There are times when it pays to remortgage and there are times when you may find that your current lender is offering a deal that is just as good, or even better, than the one you are currently on. Our advisors can manage the application for you, to take the stress and hassle out of the remortgaging process, as well as ensure you get the best rates possible.
What does the remortgaging process look like?
The first step to remortgaging is to check the paperwork for your current mortgage deal – you need to know what your mortgage rate is, the type of mortgage you have and how long you have left to pay. You also need to be clear on what your current monthly payments are.
You can then speak to a mortgage broker who can talk to you about your circumstances and determine if remortgaging is the right choice for you.
The next step is to apply for the mortgage product – Town & Country Mortgage Services can manage your application every step of the way for you and keep you updated on its progress from the initial application through to an offer of acceptance. Our team of advisors have extensive experience in applying for mortgage products for many customers with different circumstances, so we can make sure the process is as smooth and efficient as possible.