Buy To Let Re-Mortgages

A re-mortgage is basically replacing your existing mortgage with a new deal.

When you take out a mortgage, your lender normally offers a competitive rate for an introductory period, after which the rate usually reverts to the lenders Standard Variable Rate (SVR). Quite often these SVR’s are charged at very uncompetitive rates, causing your monthly payments to increase sharply.

By conducting a mortgage review shortly before your existing product expires, we can let you know which lenders are offering the most competitive rates for your circumstances. As well as searching for the most suitable interest rate, we will also consider the fees (if any) involved in switching the mortgage. It is often possible to secure a better interest rate at no cost to yourself as many lenders offer a free valuation and free legal fees to attract borrowers.

As well as saving money on your mortgage, you may wish to re-mortgage for a specific purpose such as home improvements, debt consolidation or providing a deposit for a new purchase.

Whatever the situation we are here to help with a free consultation.