Your existing deal maybe coming to an end and you simply want a better rate, or you maybe looking to borrow more money against your property for things like home improvements. If you have already built up capital in your property and want to raise some money without selling your home, you can choose to remortgage it instead. This normally involves taking out a mortgage that is higher than the outstanding capital, and taking the difference as a cash payment.
Deciding how much you should remortgage for can be difficult, especially if there is already equity built up in your home. We can help you calculate the right amount, including any deposit that might be included in the overall figure (though likely the existing capital will act as the guarantee).
When you are remortgaging you often access a variety of options that were not originally available to you as a first time buyer. This is usually because any capital you have grown over the years makes you a safer investment for lenders. Our team of mortgage experts will walk you through the various products available, helping you find one that meets your specific needs.
As with all our mortgage solutions, Best Financial works closely with our customers from the very start. We will speak to your existing lender and any new mortgage provider, completed and submitting all paperwork and documentation. We can also offer reliable, professional advise throughout the remortgaging process.
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Best Financial Services may charge a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed at the earliest opportunity. Typically we charge a fee of £349, payable on mortgage offer. The amount we will charge is dependent on the amount of research and administration that is required.
Your home may be repossessed if you do not keep up repayments on your mortgage.
For the best in remortgaging across Greater Manchester and beyond, contact Best Financial today. Call us on 0161 850 6333 for a free consultation with one of our advisors.
Best Financial Services
13th Floor,
Piccadilly Plaza
Manchester
M1 4BT
Call 0161 850 6333
Email hello@best-fs.co.uk
The guidance and/or advice contained within this website is subject to the UK regulatory regime and primarily targeted at consumers based in the UK. For more please read our guidelines below.
Best Financial Services is a trading style of The Best Money Group Ltd.
Best Financial Services is authorised and regulated by the Financial Conduct Authority—FRN 916242. Registered in England & Wales: 1217167
Best Financial Services may charge a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed at the earliest opportunity.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.
The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages.
The Financial Conduct Authority does not regulate Will writing, Taxation and Trust advice