Remortgage

Mortgage rates continue to change.

No doubt you’ll have noticed the headline after headline about mortgage interest rates. Rather than being informed by the media we advise that you get in touch with us and we talk you through the current situation. We offer a fee free re-mortgage service and are happy to advise anyone with an appointment.

Is now a good time to re-mortgage? – Don’t take mortgage advice from the press.

When your existing mortgage product term ends, you will automatically slip onto standard variable rate, in some instances you may be contacted by your lender and asked if you’d like to move to a new product. Your current lender can only offer you limited advice on their own product range and you are therefore largely making decisions based on your own knowledge which is likely to be based on scary media headlines. Now, more than ever you need sound advice from a professional – someone who can devise you a strategy to ensure that the cost of your borrowing isn’t unnecessarily too high.

Fee free Remortgage with a dedicated adviser.

If you’re fixed rate is coming to an end within the next 6 months, then now is a great time to start comparing the mortgage market for a new mortgage product. You can usually switch within 3 – 6 months of your current mortgage coming to an end so it’s worth acting sooner rather than later.

Avoid paying too much for your mortgage every month.

It’s unlikely that your current lender will offer you as an existing customer their best rate, so to avoid paying too much every month for your mortgage borrowing it’s worth shopping around.

How will interest rates affect my mortgage repayments?.

The interest rate for your mortgage borrowing determines how much you repay your lender every month so it is really important that you are able to compare the rates offered by all lenders across the market.

We will compare mortgage rates for you – fee free.

We are a team of whole of market mortgage advisers working with 90 different banks, building societies and specialist lenders with access to thousands of deals across the market.  We will compare products and rates on your behalf to find you a great new deal.

How Does Loan to Value affect my Mortgage?

If the value of your property has risen since you last went through the mortgage process you will now have more equity in your home reducing the loan to value. A lower loan to value may be favourable to you as most lenders reserve their best rates for clients with lower loans to value – meaning you could get a much better deal. We will work with you and the lender to ensure your mortgage is based on the correct loan to value for your property.

Why use Ask About Mortgages to deal with your remortgage?

Choice -Ask About Mortgages are whole of market mortgage brokers and can search the market comparing mortgage deals for you. We work with 90 of the UK’s top lenders including banks, building societies and specialists, many you will have heard of and some you won’t.

Flexibility – if you want to explore some options; like varying the amount that you borrow to release some equity, or the number of years you are borrowing over, there will potentially be 100’s of different options available to you. Ask About Mortgages can work through these options with you, helping you to achieve exactly what you want.

Fee Free Service – We offer a fee free mortgage advice and application service to our clients.

In Person or Online Appointments – we are happy to speak with you face to face at our offices on online – whichever is your preference.

How do I speak to a mortgage broker?

Please make an appointment and we’ll go through everything with you – once we know what your requirements are, whether that be freeing up some funds, increasing or reducing monthly payments or lengthening/shortening the term we can search the mortgage market to get you a great deal.

Think carefully before securing your debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.