Understanding remortgages and if one is right for you.

What is a remortgage?

A remortgage, in short, is moving your mortgage from one deal to another; either with the same lender or with a new one.

There are multiple reasons as to why you would want to do this, from releasing funds, to reducing your monthly payments and so on. In some circumstances you may be able to get a better rate with your current lender; you can save huge amounts of money by re-mortgaging.

As part of our process we will compare the rates with your current lender and advise whether a product switch or Re-Mortgage is the best option for you.

How we can help with remortgages.

At Transform Mortgages, we have access to the whole of the market and with our no obligation free initial consultation we can search the market for the best deal to suit your individual circumstances.

We are highly experienced in the Second Charge Market, in some circumstances it may not be beneficial for you to Re-Mortgage if wanting to raise additional funds, but you can be sure we will advise on the best possible solution for your individual needs. We have options for all potential circumstances which include and are not limited to: fixed and variable rates, cash back options, valuation options etc.

Things to consider about remortgages.

Get the process underway.

Start getting the process for your mortgage, insurance or anything else underway by sending a small application through to our team. It will take no more than 5 minutes and it’ll help us to help you.