Typically, a Re-Mortgage application in Hull takes between 4-8 weeks to complete. Sometimes it can be quicker and sometimes a little longer, but it is usually around this time
let’s look at what is involved…
Once that we have submitted your application to a lender then they will assess the information you have provided relating to your application and also make arrangements to value the property in Hull. They may do a physical valuation of the property, or in some cases they will arrange for a desktop valuation to be carried out. A desktop valuation is a valuation of your property that does not require a physical inspection. If the lender is happy with the information supplied and they find the property in Hull to be suitable security, then you will be offered the mortgage.
You will also need a conveyancer to carry out the legal work for the Remortgage transaction. A lot of the lenders either offer a free basic legal service or cashback that can be used towards any incurred costs.
All of our Mortgage Brokers in Hull are from Hull and are familiar with the local area. We deal with different types of scenarios all day; every day and we supply the highest of quality advice and service.
The ‘I Am A Mortgage Broker’ Team are based in Hull and will go above and beyond to help all of our clients to ensure they get an excellent service.
We can accurately work out how much you can borrow and how much of a deposit you will need.
We will guide you through the whole process from the initial telephone call, right through to your new mortgage deal completing.
We offer Free Mortgage Appointments to all of our customers in Hull.
If you would like to talk to a mortgage broker you can rely on in Hull, then contact us today by either calling, sending a message or book an appointment online through our website