Re-mortgages

Debt consolidation

When you come to re-mortgage, additional funds can be raised in order to pay off your high-interest unsecured debt. This can be things like credit card debt, car finance, overdrafts, etc.

With only one monthly payment, this can make for less worry and more simplicity. Also as mortgage interest rates are generally a lot lower than those of unsecured debt, you can end up reducing your monthly payments quite considerably.

However, it must be taken into consideration that these payments may then span out over a longer period of time so therefore it is important that you speak to someone in the know. This is where we can help.

Home improvements

2020 was the year when people spent much more time at home, and the pandemic has changed the way that we view our properties.

A survey by NatWest found that while only 19% of people re-mortgaging do so primarily to fund home improvements, 62% would consider switching deal again to renovate their properties.

If you’re looking to re-mortgage your house soon, why not chat to our team?

Source: Report by Natwest 2020

Second home / Holiday home

For clients that want to buy another property other than the one they live in – a second home mortgage. This is different for those who wish to buy a second property to rent out – this would be a buy to let mortgage.

It is somewhat harder to acquire a holiday home mortgage as far fewer lenders will cater in this area. This is where our expertise comes in to help find you the best lender and rate on the market.

Investment property / Buy to Let

An investment mortgage is used to purchase a property that the buyer would like to make a profit from in the form of regular rental income or long-term capital growth. These products are unregulated so our knowledge in this area will help to guide you towards the right lender for your circumstances.
The FCA (Financial Conduct Authority) does not regulate some forms of Buy to Let.