A remortgage means when you, as the borrower, changes your existing mortgage lender to another provider. This new mortgage will not require you to move from your existing home and it could save you money on your monthly payments.
There are a number of reasons why a remortgage could be for you, the best way to get in touch is with our expert Ask Finance advisors who will be able to guide you through the process.
A remortgage can offer you low interest rates, as well as a chance to raise finance or consolidate your existing debts.
As a remortgage means that you are ending your contract early with your current lender, it may mean that you are charged for doing so. But you could still be saving money in the long term.
A remortgage offers you one of the best ways of saving money as it will reduce your monthly rates.
It gives you the opportunity to raise finance by releasing equity in your property which can be used for any purpose.
Ask Finance believe that every remortgage application should be treated as an individual so your costs will vary. But costs to think about will include valuation and arrangement fees.
Don't worry, please see our glossary page which should help clarify any terms that you are unsure of. For more help and advice please contact our freephone number where our professional staff are on hand to help.
Yes, Ask Finance should still be able to help you remortgage your home. Each case is going to be different, so the best thing you can do is contact us so we can start the process today.
Three main reasons that a remortgage might be advantage to you are:
Before you commit to any form of finance, it is important that you understand the implications that might occur. This can include the cost of transferring lenders and legal fees. But remember that you will probably be saving more in the long term.
We will try and get your remortgage application processed as quickly as possible. Processing times may vary as each case is treated as an individual.
This is different for each person as it is dependant on your income and the value of your home.
Yes, this is one of the main advantages of a remortgage as you will be able to consolidate any debt with your remortgage plan.
DebtConsolidate.co.uk is a trading name of Ask Finance Ltd, which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.