When was the last time you checked your mortgage? Save money by remortgaging seems like a sensisble action to take after all it's probably your biggest outgoing. A study by Barclays in January 2019 revealed that £63.4billion worth of residential mortgages and almost £5.7billion worth of buy to let mortgages could be reviewed between March and June 2019 as they are outside their early repayment … [Read more...]
Capital Raising Remortgages
Acceptable reasons for rasing money on property January is often a time when you feel impervious and Capital Raising Remortgages might be a way to dust off the New Year blues. Capital Raising Remortgages are generally available from most Mortgage Lenders up to 75% of your property value, however some first charge Mortgage Lenders will stretch to 95% and second charge Mortgage Lenders … [Read more...]
I need a loan or mortgage to pay for my wedding
Borrowing to pay for your wedding Borrowing on a mortgage to pay for a wedding is not the ideal start of a married life but a reality for most. In a 2017 survey featured in The Independent the average cost of a wedding was £27,161 a figure that is difficult to reach on personal loans and credit cards; so the alternative may be a remortgage or second mortgage. The better news is interest rates … [Read more...]
Remortgage of bridging loan within 6 months at current market value
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...]
