A remortgage is when you take out a new mortgage on a home you already own usually to find a new, better deal that will save you money. This is usually happens when the fixed or discounted rate on your current mortgage ends.
Remortgages are undertaken for a variety of reasons. Some people switch to obtain a better deal; others simply choose to release equity from the increase in the value of their home to pay for home improvements, or to buy an additional property. Whatever your reason for remortgaging, lenders require you to instruct a solicitor to undertake the standard checks and searches so they can be sure that the property is good security for their loan.
An important aspect for many people when remortgaging is that the transaction is arranged quickly, especially if funds are required for a specific project. Our specialists are highly efficient at completing your remortgage conveying swiftly, saving you time and money.
For further enquiries, please contact:
Tel: 01489 785737