How the process works
A remortgage will usually involve an updated valuation of the property, which will take into account any changes in value due to home improvements, or due to fluctuations in the local or national property market.
- Our CeMap qualified advisor will carry out a 'fact find' with you to assess information in relation to your current financial circumstances.
- Your requirements will be discussed which will form the basis of our search of our panel to find the most suitable product to suit your personal needs & circumstances.
- We will go through the products, terms and figures available to you and provide advice from which you can make an educated decision whether to proceed.
- A Decision In Principle with the Lender is obtained.
- Once we have the go ahead from the lender we will then follow through the full application and arrange all the nessasary documentation.
- Your personal advisor will see the case through from offer to completion, dealing directly with the lender and nominated solicitors through all stages of the remortgage and legal process.
A remortgage may allow you homeowner to repay other debts such as personal loans or credit cards, or it may be a way of paying for home improvements such as a conservatory a loft conversion.
The overall cost for comparison is 5.5% apr.
*YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOANS SECURED ON IT.
(Re)Mortgages & Homeowner Loans are undertaken by our in-house Mortgage Advisors at Moneycall Limited which is Regulated & Authorised by the Financial Services Authority
