Remorgage
To remorgage is to switch your mortgage scheme, usually to a new lender.
The majority of mortgage holders are paying variable rate interest payments
on their mortgage. However almost all mortgage lenders have better deals with
lower interest rate repayments. These mortgages are usually only available
to people who do not already hold a mortgage deal with that lender. This is
why you usually have to switch lenders to remortgage. Mortgage lenders offer
discounted interest rates and desirable introductory offers to attract mortgage
holders to remortgage with them.
Reasons to remorgage
There are so many reasons why a remorgage could benefit you financially, so
we have just mentioned the most important ones on our Remortgage
Benefits page.
Free Remorgage Quote
No Obligation Online Enquiry
It shouldn’t take more than a few minutes to get your no obligation remortgage quote. We search over a 100 different re-mortgage products from our panel of lenders, including Birmingham Midshires, Mortgages Plc, SPML, First National and GE Money in order to find the best offer to suit your specific needs. After completing the form an advisor from may contact you to discuss your specfic requirements further.
Find the Best Deal from over 100 Remorgage products
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The overall cost for comparison is 8.1% APR. The actual rate will depend upon your circumstances. Ask for a personalised illustration. There will be a fee for arranging mortgages, normally 2% of the advance, minimum of £1,950 and a maximum of £3000 (i.e. £100,000 loan = £2,000 fee). The fee can usually be added to the mortgage amount. Ask for a personalised illustration.
Enable Finance Ltd. is authorised and regulated by the Financial Services Authority for mortgages and non-investment insurance. Buy-to-Let mortgages are not normally regulated by the Financial Services Authority.
'Remortgage Advice' receive commission and fees from certain mortgage lenders who advertise on or are linked to the Website. We retain the commission and fees and we do not charge you for the service we offer via the Website.