fbpx

Mortgage Advice Experts

Menu
  • Home
  • Videos
  • Mortgage Calculators
  • Residential
    • Mortgage Deals
    • First Time Buyer
    • Remortgage
    • Right to Buy Mortgage
    • Bad Credit Mortgage
    • Self Employed
    • High Income Multiple
    • Help To Buy Mortgage
    • Gifted Deposit
    • Foreign Nationals
    • Debt Consolidation
    • Equity Release
    • Close
  • Buy to Let
    • Buy to Let Mortgage Deals
    • Buy to Let Tips
    • BTL 80% Loan to value
    • Buy to let Remortgage
    • Let to Buy
    • HMOs
    • Buy to Let with Bad Credit
    • Limited Company
    • Portfolios
    • Holiday Lets
    • Ex Pats
    • Rent to Family Memeber
    • DSS Tenants
    • Into Retirement
    • Foreign Nationals
    • Inherited Property
    • Close
  • Bridging Loans
    • Commercial Mortgage Tips
    • Bridging Loans Explained
    • Why use Bridging Finance
    • Bridging Finance Rates
    • Auction Finance
    • Auction Finance Rates
    • Non Standard Commercials
    • Development Finance
    • Close
  • Protection
    • Will Writing Service
    • Probate Services
    • Close
  • Testimonials
  • About Us
    • Why Niche Advice
    • Our Fees
    • Testimonials
    • Blog
    • Join our Team
    • Privacy Notice
    • Terms and Conditions
    • Close
  • Contact Us
You are here: Home / Mortgages / Best Remortgage rates with Free Valuation and Free Legal’s

by Payam Azadi

Best Remortgage rates with Free Valuation and Free Legal’s

London Mortgage BrokerCheap Remortgage offer – save over £7,500 on your mortgage payments by making a simple switch

An estimated 1.2m mortgage holders are about to receive a payment rise through increases to their Standard Variable Rate. The great news is with the help of Niche Advice this can be avoided. How so? Read on!

I’m pleased to announce I have access to one of the best remortgage products available in the UK for a long time. The product is from the specialist intermediary division of the Woolwich and it comes complete with a free valuation and free basic legal service so you can enjoy the rate reduction fully. It is directly targeted at people who are on lenders standard variable rates (SVRs), many of which have witnessed hikes in their mortgage payments in recent months, and the product enables a switch with minimum cost or fuss.

The table below (fig. 1) illustrates the potential savings that current SVR customers could make by switching to our 3.89% Great Escape 2 year fixed rate 70% LTV product over a two year period on based on a £200,000 repayment mortgage with a term of 25 years. And, depending on the lender the saving could be greater than £7,500.

Why not look at the table below to see what your lender is charging and whether you could benefit with our help.

Examples of lenders current Standard Variable Rates

Figure 1.

Current SVR or follow on rate

Potential savings over 2 years by taking the Great Escape 2 year fixed rate 3.89%

Abbey (Santander)

4.24

£931

Accord Mortgages

5.99

£5,852

Alliance & Leicester

4.99

£2,987

Allied Irish Bank (GB)

4.24

£931

Amber Homeloans Ltd

4.95

£2,875

Astra Mortgages

5.35

£4,002

Bank ofScotlandMortgages

4.84

£2,569

Barnsley

4.99

£2,987

Bath Investment & Building Society

5.29

£3,832

Beverley

4.75

£2,320

BM Solutions

4.84

£2,569

Bradford & Bingley

4.59

£1,880

Britannia

4.24

£931

BuckinghamshireBuildingSociety

5.24

£3,690

CambridgeBuildingSociety

4.59

£1,880

ChelseaBuildingSociety

5.79

£5,268

Cheltenham & Gloucester

3.99

£264

Cheltenham & Gloucester

2.50

-£3,512

CheshamBuildingSociety

6.45

£7,215

CHL Mortgages

7.25

£9,649

Chorley & DistrictBuildingSociety

5.49

£4,402

Clydesdale Bank

4.59

£1,880

CoventryBuildingSociety

4.74

£2,292

Cumberland

4.49

£1,607

DarlingtonBuildingSociety

5.95

£5,734

DudleyBuildingSociety

4.99

£2,987

DunfermlineBuildingSociety

5.19

£3,549

Earl Shilton

4.95

£2,875

EcologyBuildingSociety

4.90

£2,736

Egg

5.29

£3,832

First Direct

3.69

-£524

First Trust Bank (NI)

4.24

£931

FurnessBuildingSociety

5.44

£4,259

GMAC – RFC

5.75

£5,152

Godiva Mortgages

4.74

£2,292

Halifax

3.50

-£1,016

Halifax

3.99

£264

Hanley Economic Building Society

5.19

£3,549

HarpendenBuildingSociety

4.19

£797

Heritable Bank

4.99

£2,987

Hinckley & RugbyBuildingSociety

5.64

£4,833

HolmesdaleBuildingSociety

4.89

£2,708

HSBC

3.94

£132

ING Direct

3.50

-£1,016

IpswichBuildingSociety

5.49

£4,402

KentReliance Banking Services

6.08

£6,116

LeedsBuildingSociety

5.69

£4,978

Leek United

5.19

£3,549

Loughborough

4.99

£2,987

ManchesterBuildingSociety

5.49

£3,549

Mansfield

5.59

£2,987

MarketHarboroughBuildingSociety

5.49

£4,402

Marsden

5.95

£5,734

Melton Mowbray

4.99

£2,987

MonmouthshireBuildingSociety

4.99

£2,987

NationalCountiesBuildingSociety

4.69

£2,155

Nationwide Building Society

3.99

£264

Nationwide Building Society

2.50

-£3,512

NatWest

4.00

£291

NatWest Int Sols

4.50

£1,634

NatWest Int Sols

4.00

£291

NewburyBuildingSociety

4.45

£1,498

NewcastleBuildingSociety

5.99

£5,852

Northern Bank Ltd

4.35

£1,227

Northern Rock

4.79

£2,431

Norwich&PeterboroughB.Soc.

5.35

£4,002

NottinghamBuildingSociety

5.99

£5,852

Paragon Mortgages

4.60

£1,908

PenrithBuildingSociety

4.15

£690

PrincipalityBuildingSociety

4.99

£2,987

Progressive Building Society

4.75

£2,320

Royal Bank ofScotland

4.00

£291

SaffronBuildingSociety

5.39

£4,116

ScarboroughBuildingSociety

4.95

£2,875

Scottish Building Society

5.29

£3,832

Scottish Widows Bank

3.99

£264

ShepshedBuildingSociety

5.99

£5,852

SkiptonBuildingSociety

4.95

£2,875

StaffordRailway

3.49

-£1,041

Standard Life Bank

5.34

£3,974

Stroud & SwindonBuildingSociety

5.99

£5,852

TeachersBuildingSociety

4.99

£2,987

The Co-operative Bank

4.24

£931

The Mortgage Works

4.99

£2,987

The One account

3.75

-£367

Tipton & Coseley

4.99

£2,987

Ulster Bank (NI)

4.00

£291

Vernon

4.99

£2,987

WestBromwichBuildingSociety

5.84

£5,413

Woolwich (Barclays)

4.99

£2,987

Yorkshire Bank

4.59

£1,880

YorkshireBuildingSociety

4.99

£2,987

Correct as at 23 April 2012 and products can be withdrawn at anytime. Extract taken from source material provided by Woolwich.

The above table provides a general illustration of the potential savings (figures with a negative return do not provide potential savings). Please call us to arrange your own specific illustration based on your circumstances and status.

For more information on how we can help you Remortgage please contact us on 0207 993 2044 or alternatively complete the simple enquiry form on the top right hand side of this page.

Payam Azadi

Author: Payam Azadi

Payam Azadi is a partner at Niche Advice who are whole of the market Independent Mortgage Brokers. His role is very much focused on Property financing both on residential and commercial lines. To get in contact with him please click here.

Twitter Facebook Linkedin

Filed Under: Mortgages Tagged With: Best Remortgage rates, Cheap Remortgage, Free valuation, Free Valuation and Free Legal’s, save on your mortgaget, Standard Variable Rate, top remortgages, Woolwich remortgage

Proud to be sponsors

Mortgage broker awards

Contact Us

Our Fees

Why Niche Advice

Mortgage Deals

Tools / Calculators

Latest News / Blog

Payam Azadi

UK Mortgage for Asylum Seekers on a Refugee Visa

Asylum seekers on a refugee visa Mortgage options from the Experts This article is aimed at mortgages for Asylum seekers on a Refugees Visa who are … [Read More...]

Payam Azadi

Mortgage for Foreign Students on a Tier 4 Visa

Mortgage options for Students on a Tier 4 Visa in the UK This article is aimed at foreign students on a Tier 4 Visa who are in the UK who are … [Read More...]

Payam Azadi

Declined Buy to let mortgage due to background property portfolio stress test

The background property portfolio stress test is stopping borrowing more There could be a variety of reasons why you've been turned down for a … [Read More...]

AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Number: 750263.

Commercial Buy-to-Let and commercial mortgages are not regulated by the Financial Conduct Authority.

Our Fees

Click here for our fees structure. A full detailed fee plan will accompany all our quotes.

Niche Advice Limited has a commercial arrangement under an affiliate programme with Check My File and is remunerated for referrals.

Terms and Conditions

If you wish to register a complaint, please write to us on the details below or call us on: 020 7993 2044.

Correspondence Address: Niche, Unit F6, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG.

A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234567.

Site Terms and Conditions
Customer Privacy Notice

niche youtube

CONTACT NICHE ADVICE
Tel: 020 7993 2044

Registered Office: Niche, Unit F3, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG. Registered in England & Wales. Company registration number: 06599033.

Members of The Financial Intermediary & Broker Association - Number SBS36389

logo

© 2022 · Niche Advice Limited · Site Designed by Niche Advice Design Team

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}