We are “Whole of Market” Mortgage Advisers, this means we are able to search though literally thousands of mortgage products to find the right deal for you so if you are a First Time Buyer a Home Mover or just looking for a better deal (remortgaging), we will be able to help
Remortgaging is when you switch from one mortgage deal to another, usually to reduce your monthly payments but you may also need to borrow more, perhaps for home improvements? Although you may find your current mortgage lender will offer you a deal to stay with them. We can do the research to make sure you get the best deal you can.
Your payments over the previous few years will have reduced your mortgage balance, so you may well qualify for some of the more competitive deals. You should be able to switch deals whenever it makes sense to do so, though some lenders may charge you an early repayment charge (ERC). You will need to compare the true cost (repayments, interest, and fees due over the initial period) of a new mortgage deal with your current deal, in order to understand what you could save by switching.
We can search thousands of Mortgage products to find you the right deal for your circumstances and tell you what your savings may be, taking into account all charges, such as ERCs levied by your current lender, arrangement fees, and valuation fees.