A good place to start would be to explain what a remortgage is and why you might want to consider reviewing your existing mortgage.
A Remortgage is when you look for an alternate deal to what you currently have. It is the process of either finding a completely new lender or finding a more suitable deal with your current lender.
In general, you can look to Remortgage your home in Hull at any time, but you need to be careful that you are not fixed into any deals with your existing lender. If you are in a deal, then you may incur early repayment charges which are also known as early redemption charges. These charges are usually calculated as a percentage of your outstanding loan amount and therefore can sometimes be quite costly to leave. These charges can vary from lender to lender.
The best time to look at a Remortgage is usually in the months leading up to your product expiring. However, if you are not fixed into a deal and are on your lenders standard variable rate then this is not applicable.
A big part of what the team at ‘I Am A Mortgage Broker’ does, is to review both new and existing clients mortgages on a regular basis to ensure that they have the most suitable mortgage product for their needs.
If you have not reviewed your mortgage in a while, then you might be on a lenders standard variable rate and paying more than you need to.
We have helped our customers in Hull with all sorts of scenarios that have included working out how much they can borrow, capital raising for home improvements and in some cases paying off debts.
We will guide you through the whole process from the initial telephone call, to getting your mortgage offer and then finally completing on your new mortgage deal.
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 you completing on your new mortgage deal.
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