The world of Remortgages can go a lot quicker with a professional Mortgage Advice Team on your side. Our Mortgage Advisors in Cambridge are here for you throughout the whole Remortgage Process and overcome any potential new hurdles. We will support you from your initial enquiry right through until the beginning of your new mortgage deal.
Whether you are looking to release equity, get better rates, find a more appropriate deal or more, we will always do our best to make sure the process goes quickly and smoothly for you. Here are some popular Remortgage scenarios:
Contact us today to book your free remortgage consultation in Cambridge & see how we may be able to help.
We are here to help you. Get in touch with us today and make a date for your free mortgage consultation.
The fees involved in Remortgaging will be similar to those involved at the start of your existing mortgage. Your Mortgage Advisor in Cambridge will be able to run through all of the fees with you before making any decisions when comparing the savings of the new deal against the current mortgage you are on.
Your initial free remortgage consultation with one of our Mortgage Advisors in Cambridge will last approximately an hour. Proceeding with the consultation will help compare a potential new deal against your current product, recommending the most appropriate one for your needs, with no obligation to proceed if you decide not to proceed.
Although we don’t recommend this subject without seeking expert Mortgage Advice in Cambridge before consolidating any debts, they may have. You may be able to remortgage and increase your mortgage’s size to pay off any unsecured debts you may have accrued over time.
Firstly, you need to fill out our Fact Find to get an idea of your current personal and financial situation. Next, our team will pass over this information to your dedicated Mortgage Advisor in Cambridge, and they will keep in touch to schedule your free mortgage consultation. You will get asked a series of questions to help build up a profile; this will help them pick out a mortgage deal tailored to you.
Secondly, once the consultation is over, a credit check will carry out, and this will help you obtain an Agreement in Principle. Granted, if you are okay with everything and happy to proceed, we will then ask for some documentation to help strengthen your application.
Lastly, with your Agreement in Principle, submitted evidential documentation and a comprehensive mortgage offer that you’re happy to continue with, you can move onto the last stage – mortgage application submission!
You sure can! If you are wondering why someone might want a second mortgage, here are some popular situations:
???? Debt Consolidation
???? Home Improvements
???? Buy to Let
???? For a second home/holiday home
If you are looking for a second mortgage, contact our mortgage team in Cambridge today, and see how they can help you.
It may be harder for you to obtain a mortgage with past credit problems, but not impossible depending on circumstances. You may get asked to put down a larger deposit, which will vary depending on your lender.
If you are suffering from bad credit, give us a call, and our advisors will be more than happy to try and help. We have a wide variety of specialist mortgage lenders who may have the perfect mortgage deal for your financial situation.
Whether you’re applying for a mortgage or looking to remortgage, there are a few documents lenders will always want to see during the process. You will get asked to provide some evidential documents to back up your mortgage application. For example, you’ll need things like ID, bank statements, payslips.
Don’t worry if you forget any of these documents listed; your assigned Mortgage Advisor in Cambridge will run through all of this with you, so nothing gets missed.
Remortgaging is excellent if you are on your lenders SVR (Standard Variable Rate of Interest). You may find yourself in a better position to save money. Our expert Mortgage Advisors in Cambridge can compare the new products available against your current mortgage deal to figure out these savings, saving you time and money.
If you have equity in your property, a remortgage would also give you the option of releasing some of this money if you need it. We tend to find people who choose to Remortgage for Home Improvements for things like:
???? Home Extension – Perhaps your home could use a brand new porch or conservatory.
???? Home Office – Working from home and working from the kitchen table isn’t for you? Maybe a Home Office is what you need.
???? New Kitchen – Maybe your kitchen can be more practical and in need of a serious makeover.
???? Loft Conversion – Turn that old attic full of clutter into an extra living space.
An initial telephone call where we take some details and look at your Remortgage plan.
A discussion about your personal requirements. You already own the property this time around, you can avoid the property chain!
We will search and compare 1000s of products to find you the most appropriate deal.
Application stage - We'll ensure everything goes smoothly with the lender. You'll have our support from your initial contact right through to when your remortgage process has completed.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
