Buy to Let Capital raising within 6 months of purchase up to 80% LTV of the current open market value. Have you taken out a short term bridging loan to do up a property? If so you are likely to want to replace this with a traditional mortgage, particularly if you plan to let it, as the interest rate is likely to be lower and the term can be longer. In this blog, I am going to talk about … [Read more...]
Borrow up to 7 times income with a Second Mortgage
Want to borrow up to six or seven times your income if so a Remortgage may not be your best option. Debt consolidate and capital raising options Most mortgage lenders limit borrowing to 4 to 5 times your income but we have access to specialist second mortgages that may stretch this to 6 to 7 times your income allowing you to borrow more. How does it work? Well you keep your current … [Read more...]
Remortgage to pay off Debt
Key points you need to be aware of when getting a Remortgage to pay off debt. Debt consolidation into your mortgage is not a new idea but there have been many refinements to the lenders policies, some unwritten, which has made this exercise harder in recent times to Remortgage to pay off Debt. It may be premature to talk of a second recession following the vote to exit the European Union but … [Read more...]
Can I Remortgage if I have a second charge Secured Loan
I have a second charge Secured Loan, can I still get a Remortgage if I still want the loan to remain in place. In theory if you have a second charge Secured Loan it does not prevent you from changing your existing first change mortgage for a better rate. However in practice it can be a nightmare. How so? Read on to find out the pitfalls and how to combat them. Firstly, most lenders do not … [Read more...]
Why its time to Remortgage to a fixed rate
5 year Fixed Mortgage rates from 2.44% maybe its time to Remortgage to a fixed rate now In recent years remortgages have not been as popular as they once were as rates have been so low, however both the Chancellor and Governor of the Bank of England have recently hinted that they will go going up so we think its a good time to Remortgage to a fixed rate. So I have picked out a Remortgage … [Read more...]
Skipton remortgage rate of 1.59% free valuation and legals
Skipton Building Society remortgage rate of 1.59% free valuation and legals could save you money. Many people are put off switching their mortgage due to the set up costs involved but The Skipton Building Society 3.40% discount for 2 years remortgage comes complete with free valuation and legals so you can enjoy the maximum benefit of a low rate. The product also allows you to pay off 10% of the … [Read more...]
Cheap fixed rate Remortgage
Cheap fixed rate Remortgage products with costs covered What we will cover ✔ Free valuation and legals on Remortgages ✔ Mortgages are getting tougher so Act Now ✔ Time to fix your Mortgage payments ✔ Best Buy Remortgages Cheap fixed rate Remortgage products are still available but get them while there still here. You may have heard rhetoric in the press over the last few months about … [Read more...]
Guide to Remortgaging
Guide to Remortgaging, when is a good time to Remortgage, the costs involved and the process. Don’t forget the largest bill when you are trying to save money! Millions of people every year have got to deal with this question which" is it worth Remortgaging"? A mortgage is probably the largest commitment you have so it’s sensible to stay on top of matters with regular remortgage reviews … [Read more...]
Halifax and BM Solutions Product Transfers for Free
Free Mortgage Service for Halifax and BM Solutions Product Transfers Since the Mortgage Market Review Halifax for Intermediaries and BM Solutions (formerly known as Birmingham Midshires) have been reluctant to engage their existing customers as they are not able to offer advice. However, the good news is products can still be accessed by a registered authorised mortgage intermediary such as … [Read more...]
Remortgage from GMAC SPML UCB Home Loans customers
Remortgage options for existing Advantage, Amber Homeloans, DB Mortgages, GMAC RFC, Infinity, ITL Mortgages, Preferred Mortgages, Rooftop Mortgages, Southern Pacific Mortgages Ltd (SPML) and UCB Home Loans customers. During the mid-2000s specialist mortgage lending was at its peak. Self certification mortgages, non status mortgages and adverse credit mortgages were common place. But as the saying … [Read more...]