Depending on the rate you are currently being charged, you could save a significant sum each month by switching to another mortgage deal.
Remortgaging can also enable you to either shorten or lengthen your mortgage term. It will also allow you to pay off some capital so you reduce the amount that you owe, or release some equity from your property so you can use the extra money to make improvements to your home for example, or use the money for other uses. Releasing capital will increase the amount that you owe but some people find that, if they can afford it, that it is a lower cost way of accessing vital funds.
Mortgage advice from a reputable broker such as Mortgage Pathways is invaluable in all of these cases. Vitally, a qualified mortgage adviser knows the mortgage market and the lenders, and can advise you on which of the many hundreds of mortgages are best for you.
How we can help
If you are considering remortgaging to a new deal but are not confident about the process, we can help. We will look at your current deal, your financial circumstances and personal requirements, and search the whole mortgage market to find the most suitable deal for you.
We have access to hundreds of mortgages, many of which are not accessible by the public directly and often at much better rates or more favourable terms than you could get by yourself.
We will then fill in the forms and apply to the lender on your behalf. We will submit all the necessary paperwork and chase the lender to ensure you get your mortgage in the shortest possible time. In short, we will manage the entire process, so, not only do you benefit from our advice and industry expertise, but we also do the legwork for you.
At Mortgage Pathways you can guarantee that we are fully qualified to offer advice and are 100% on your side.
There may be a fee for mortgage advice, the precise amount will depend on your circumstances but we estimate that it will be £299. We do not charge a fee for our services for New Build Homes; we receive commission from the provider.