Remortgaging services in the UK
Remortgaging need not be a hassle. In fact, it’s something we should all think of regularly to make sure we’re still on the best mortgage deal.
If your current mortgage deal is about to come to an end, it’s important to start shopping around for a new offer before you get transferred onto your lender’s standard variable rate (SVR) – this could be higher than your current rate.
Why not let Mortgages Made Easy do some of the hard work for you, and make sure you’ve got the very best mortgage for you?
The best remortgage for you
You also need to make sure the new mortgage suits your circumstances. You may find that a different type of mortgage may suit you better, such as a fixed rate mortgage deal if you want to be certain of what your monthly repayments will be, or an offset mortgage if you have savings which you’d like to use more effectively.
There may also be specific mortgage features that you are looking for, e.g. you may want the flexibility to make overpayments or underpayments or the option to take repayment holidays. You may want to move onto a shorter or longer repayment term or you may want a portable mortgage that you can take with you if you move house.
For a remortgage to be worthwhile, both the cost and the product features of the new mortgage need to be right for you.
The cost of switching mortgage
By calling Mortgages Made Easy, we can quickly work out how much switching will cost you by comparing your current mortgage with what a new deal would cost you. There may be exit penalties that apply to your current deal and any arrangement fees to set up the new mortgage. We will factor all of this so we can help you decide if it’s the right time to remortgage.
A fee of £95 is payable for your initial consultation with a further fee of up to £195 on completion, dependant on the work required to secure your mortgage. Commercial mortgages and some buy to let mortgages are not regulated by the FCA. We also offer insurance and protection services.