Phone: +44 (0)7720 976 688 | Email: jenny@eaglemaps.co.uk
REMORTGAGES
Stay in control of your mortgage
If your current mortgage deal is coming to an end, or you’re looking to release equity or consolidate debt, remortgaging can help you take control of your financial future. I’ll guide you through your options, ensuring you get the best deal available.
What is a Remortgage?
A remortgage is when you switch your current mortgage to a new deal, either with your existing lender or a new one. It’s a good option if you want to:
- Lower Monthly Payments
By finding a more competitive rate.
- Release Equity
If you’ve built up value in your home, you may want to access some of it.
- Consolidate Debt
A remortgage can be a useful tool for consolidating debts into one manageable payment.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
How Does a Remortgage Work?
- Look at Your Current Deal
I’ll review your current mortgage deal to see if it’s time for a change.
- Compare Options
I’ll find the best remortgage deals available from various lenders, considering interest rates, terms, and fees.
- Reapply for a New Deal
Once we’ve found the right option, I’ll help you complete the paperwork and apply for the new mortgage.
Fixed vs. Variable Rates
You’ll have the option of a fixed-rate or variable-rate mortgage when remortgaging. The choice depends on your personal circumstances, in both the long & short term.
You may have to pay an early repayment charge to your existing lender if you remortgage.