What is Remortgaging?
A remortgage is essentially a switch from your current finance or mortgage plan that lets you get a cheaper rate of interest and more flexible or longer repayment terms. Thus, if you are in danger of defaulting on your current mortgage, remortgage may be a good choice for you. Remortgage is mortgaging once again on the same collateral. The present mortgage debt is first cleared. Then a new mortgage is applied for, pledging the same house as before. Thus without moving house you can get a new mortgage. Remortgage is process of moving your mortgage to a new lender. We give fee free remortgage advice on the whole range of remortgages in the market,Please CLICK HERE to fill in your information below and get a call within 24 hours in principle decision.
Types of Remortgage
» Remortgages for people with bad credit history i.e. County court judgments, Arrears or defaults, IVAs, Bankruptcy, Credit Card Arrears etc.
» Remortgage for those with negative equity
» Capital Raising for ANY PURPOSE
» Self employed or employed with no accounts
» Full range of Discounted interest rates, Fixed rates and Cashbacks
Our remorgaging service to you is usually FREE. Get a FREE, HIGHLY COMPETITIVE Remortgage just CLICK HERE and complete below FEE FREE application.
The interest rates on Remortgage are
Variable - The rate is set by the lender and can go up or down over time depending on economic conditions. It varies at the discretion of the lender.
Discounted - The interest rate is reduced by a set percentage from the lender’s standard variable rate for a limited period of time. The interest paid may go up and down, reflecting changes in the lender’s standard rate, but the discount remains constant for the agreed period.
Fixed - The interest rate is fixed by the lender for a set period and will then usually return to the lender’s standard variable rate (which is usually higher).
Capped - The interest rate on this type of remortgage is guaranteed not to rise above the capped level for an agreed period, but it can go down if the lender reduces their standard variable rate.
Tracker - Here the interest rate you pay ‘tracks’ or follows the Bank Base Rate by a fixed percentage, often for the full term of the loan. This relates your interest rate to the current Bank Rate, rather than to the lender’s variable rate.
Remortgages Available
Bad Credit Remortgage, Cheap Remortgage, Flexible Remortgage, 100% Remortgage, Remortgage UK
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