We can help you decide if it's beneficial for you to switch lender.
If you are an existing homeowner, there are many reasons why you may want to remortgage. This may be anything from trying to seek a lower monthly payment by obtaining a lower mortgage rate than the one you are paying now or simply to borrow more money, for instance, to fund home improvements.
We will do our utmost to find a mortgage package that best suits your needs and requirements (i.e. your time constraints, budget, attitude risk, lifestyle etc.) We will treat your mortgage application with a proactive approach whilst delivering a personal and efficient service.
If you are nearing the end of a special deal with your current lender, or maybe need to raise some extra finance to fund a wedding, university fees or any other purpose, a remortgage may be a suitable option. We will look at the best product your current lender can offer before we search for a more competitive deal from another lender. This way we can assess if it will be financially beneficial to switch to another lender or stay with your current lender. We take into account any fees which would be payable if you do switch, these may include broker, lender arrangement, valuation and legal fees.
It may be worth noting that many lenders offer free valuation and legal fees on remortgages. After we have carried out a review of the market, we can present the options available to you and recommend the option which best meets your needs.
You may have to pay an early repayment charge to your existing lender if you re-mortgage.