Mon-Fri, 8am-6pminfo@mainlymortgages.co.ukRegent House Business Centre, 13-15 George Street, Aylesbury, HP20 2HU
Mortgage broker in Buckinghamshire
Everything you need to know about remortgaging your property.
A remortgage is when you take out a new mortgage on a property that you already own, whether mortgage-free or with an existing mortgage, moving away from your current deal.
People remortgage to cut costs by finding a better rate, or to access cash by releasing equity in their home.
If you have bad credit, there are still lenders who will allow you to remortgage, though your options may be slightly limited.
A remortgage is much simpler and quicker than an original mortgage, with no new contracts to exchange, no house buying chain, and often no searches required.
Fees include a charge from your lender for establishing the new mortgage, and a solicitor's fee to finalise the remortgage.
Speak to one of our mortgage experts so we can show you what your options are.
