Why Should I Remortgage in Scunthorpe?
As an expert mortgage broker in Scunthorpe, we have encounted many remortgage situations.
Are you at the end of your fixed-Rate Mortgage?
Sometimes ending up on your lenders (SRV), you could be looking at paying more on your mortgage payments. This highlights the importance of speaking to an expert mortgage advisor in Scunthorpe. They can save you time and money, find you are a fairer deal, and search the market.
Remortgage for home improvements?
Some existing homeowners look to raise capital to finance other big purchases, and it is up to you what you are doing with the money. Others choose to remortgage for home improvements, these improvements can include a new kitchen, a home office, or a conservatory.
To protect against future interest rate increases?
Those on a tracker mortgage with fluctuating interest rates, may look to remortgage towards a steadier and more consistent mortgage. Take a fixed-rate mortgage for example, this will keep your payments at a controlled amount and protect you from the Bank of England’s base rate.
Remove yourself or a name from a mortgage, such as an ex-partner?
Unfortunately, not all relationships go according to plan. Alternatively, if it is a family member or friend, the plans may change, and you want to be independent. Regardless of the situation, you can remove them or even yourself from a mortgage. This process is tricky but possible, and something your mortgage advisor in Scunthorpe can look for you.
Combine unsecured debts, i.e. credit card debts, onto your mortgage
You should think carefully before securing other debts against your home. By adding your unsecured debts to your mortgage, which is secured on your home, you are potentially putting your home at risk if you cannot make the required repayments.
Although the total monthly cost of servicing your debt may have reduced, the total cost of repayment may still have risen as the term of your mortgage is longer than it may have taken to repay the debts originally.
Other problems that may arise are changes in your credit situation, which means that your current lender will refuse you, or you may not be allowed to borrow as much as you would like the second time. In any of these cases, talk to a dedicated and knowledgeable mortgage broker in Scunthorpe to see what your options may be.
Why wait? Get in touch to book your free remortgage review with a mortgage advisor in Scunthorpe, and we will see what we can do to help you out.
Free Remortgage Review in Scunthorpe
We offer a free remortgage review to all new or existing customers. We know today’s busy lifestyles. That is why our free remortgage review with your mortgage advisor in Scunthorpe is available 7 days a week.
Our mortgage advisors in Scunthorpe have a wealth of expertise when it comes to remortgage advice in Scunthorpe. If you are looking to release equity or secure a better rate, we are ready to help you find the most suitable Remortgage deal.
Always remember that as a mortgage broker in Scunthorpe, we are here to help you. Friendly, helpful, and patient, whatever questions you may have about your Remortgage will be answered by our expert team.
We want you to feel happy and relaxed throughout the entire process. Check out our customer reviews to see what others have said about our fantastic customer service!
Contact us today to book your free remortgage review in Scunthorpe & see how we can start your remortgage process.