Remortgaging Advice and Broker Services
Remortgaging is when you switch your current mortgage for a new one. There are many reasons to remortgage; however, the main reason is that your current deal is ending, and you want to secure a new contract at better terms, which will hopefully reduce your monthly repayments. This all depends on the state of the mortgage market.
Remortgaging at the right time can save thousands of pounds, which could mean paying off your mortgage years earlier.
Who is suitable to remortgage?
The optimum time to remortgage is when your current deal is ending. If you are still in a fixed-term deal and want to remortgage, this might result in Early Repayment Charges (ERC). Talking to an experienced mortgage adviser is essential to make sure you are making the right decision. Our mortgage advisers here at Taylor James will be able to help you understand what is best in your situation.
Who is suitable to remortgage?
Another situation in which you may be suitable for a remortgage is when you have built up significant home equity and wish to access some of this equity as cash through remortgaging. However, there may be better alternatives in this situation, such as a second-charge mortgage instead. An experienced adviser will assess your circumstances to provide a tailored solution.
Key considerations before remortgaging
Some of the key considerations before remortgaging are:
- Is your current mortgage deal coming to an end? If not, remortgaging early could result in paying early repayment charges on your existing loan.
Key considerations before remortgaging
- Has the market changed, making it advantageous to remortgage, which could save you money.
- If you are looking to remortgage to release equity, what would be the best option for you? Can you afford the increased repayments? Have your circumstances changed as lenders will reassess your affordability.
- What type of mortgage do you wish to switch to? An adviser can explain the different options and how they will benefit you.
Benefits of remortgaging advice and broker services
Speaking to one of our experienced mortgage advisers here at Taylor James will help you secure the mortgage deal that is right for you. Our advisers understand the process and will help make this a smooth and less stressful experience.
Allowing our mortgage brokers to assist you in arranging your remortgage will enable you to offload the heavy lifting to a professional who knows the market. After considering your needs and preferences, including calculating fees and early repayment costs, we will look for the most suitable and advantageous options for you.
Taylor James remortgaging advice
Book your consultation with a Taylor James remortgaging adviser now. One of our professional mortgage advisers will assess your circumstances and explain how you could save by remortgaging.
Call us today for a no obligation chat about planning your financial future.
Call: 0203 859 3320
Email: contact@taylorjamesfs.co.uk
Please note:
- Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
FAQs
Mortgage advice is provided by qualified financial advisers to help the client find and secure the most suitable loan to buy residential or investment property. The mortgage adviser will take into account the client’s individual circumstances to discuss mortgage options. The adviser will then search the mortgage market to identify real-time suitable options and make an application. Thus, mortgage advice usually includes mortgage brokering services to provide a holistic and convenient service from start to finish.
There are several benefits of using a mortgage adviser. A mortgage adviser can provide clarity to clients which should make the process of getting a mortgage more efficient and less stressful in some cases. They can also help people with unique situations find options when the client may have believed it impossible. Moreover, the mortgage adviser could ensure the client secures the most beneficial type of mortgage for their situation and preferences, perhaps avoiding costly mistakes. Some mortgage advisers can secure better rates and deals due to their connections.
Mortgage advisers can help people seeking a mortgage with bad credit in different ways. Our advisers can provide advice to clients on how to improve their credit rating and therefore improve their chances of getting accepted for a better mortgage deal. We can also search for lenders that are more willing to provide credit to applicants with a below-average credit history. Every situation is different and there are never any guarantees but we have helped people with bad credit to get a mortgage. Speak to our team to learn more.
Taylor James welcomes all clients to use our mortgage advice services, including those that may have unique situations. Whether you have multiple income streams or other complex issues regarding pay and employment, it’s unlikely that we won’t have seen your situation before. Our advisers can assist in finding the right lender swiftly, including support regarding providing evidence and other possible application process hurdles. Don’t put off seeking a mortgage due to a non-standard situation and speak to our team today.
FAQs
Mortgage advice is provided by qualified financial advisers to help the client find and secure the most suitable loan to buy residential or investment property. The mortgage adviser will take into account the client’s individual circumstances to discuss mortgage options. The adviser will then search the mortgage market to identify real-time suitable options and make an application. Thus, mortgage advice usually includes mortgage brokering services to provide a holistic and convenient service from start to finish.
There are several benefits of using a mortgage adviser. A mortgage adviser can provide clarity to clients which should make the process of getting a mortgage more efficient and less stressful in some cases. They can also help people with unique situations find options when the client may have believed it impossible. Moreover, the mortgage adviser could ensure the client secures the most beneficial type of mortgage for their situation and preferences, perhaps avoiding costly mistakes. Some mortgage advisers can secure better rates and deals due to their connections.
Mortgage advisers can help people seeking a mortgage with bad credit in different ways. Our advisers can provide advice to clients on how to improve their credit rating and therefore improve their chances of getting accepted for a better mortgage deal. We can also search for lenders that are more willing to provide credit to applicants with a below-average credit history. Every situation is different and there are never any guarantees but we have helped people with bad credit to get a mortgage. Speak to our team to learn more.
Taylor James welcomes all clients to use our mortgage advice services, including those that may have unique situations. Whether you have multiple income streams or other complex issues regarding pay and employment, it’s unlikely that we won’t have seen your situation before. Our advisers can assist in finding the right lender swiftly, including support regarding providing evidence and other possible application process hurdles. Don’t put off seeking a mortgage due to a non-standard situation and speak to our team today.