Review your options, Remortgage with Confidence
How can our Financial Advisers help
Looking to remortgage?
Getting your new home or investment property is as easy as filling out a mortgage application. With our knowledge and dedication, your property dream is closer than you think.
You may consider remortgaging for various reasons:
Your current mortgage is reaching its end.
You aim to release equity tied up in your property.
Changes in your circumstances require a more fitting product.
You may be on a costly deal due to past circumstances, but now qualify for a more affordable option.
No matter the reason, our experienced brokers can walk you through the benefits and drawbacks of each option, helping you determine the best course of action.
Frequently Asked Questions
What is a remortgage and how does it differ from a regular mortgage?
A remortgage, or refinancing, involves taking out a new mortgage to replace your existing one, which can be with the same lender or a different one. Homeowners typically remortgage to secure better interest rates, lower monthly payments, or release equity from their property for other financial needs.
In contrast, a regular mortgage is the loan you obtain to purchase a home initially. While both require similar processes, such as property valuation and credit checks, remortgaging can be quicker, especially if staying with the same lender
How does the process of remortgaging work in the UK?
Remortgaging in the UK involves several key steps. Start by assessing your current mortgage terms to identify any early repayment charges or exit fees. Next, determine your financial objectives, such as securing a lower interest rate, reducing monthly payments, or accessing equity.
We offer a free advice consultation. Our guidance can help you navigate your options and find the best deal tailored to your needs.
What documentation will I need to provide when I remortgage?
We offer a free consultation to guide you through the remortgaging process, helping you gather the required documents and providing personalized assistance to make the process smoother.
Can I remortgage if I’m nearing retirement age?
Yes, you can remortgage if you are nearing retirement age, but there are some additional considerations to keep in mind. Lenders will evaluate your ability to repay the mortgage based on your retirement income, which may include pensions, savings, and investments.
Testimonials
"Brilliant company to work with brilliant service to clients and someone I’m glad that is looking after my two companies. I wouldn’t look anywhere else and hopefully I don’t have to in the long term long may our companies work together. Thanks Fordham finance first all that you do. "
Secure Your Farm
"Excellent service from James and the team. He's always proactive and willing to help with all sorts of enquiries. James is super-prompt too - you feel like you're really being looked after. And did I mention, he's saved me A LOT of money too. Highly recommended!"
Sailesh Rathatha
"I can’t recommend James and his team highly enough. They are personable, understanding and take time to get to know you. Additionally their service is prompt and reliable."
Debbie Grey