Is now the best time to remortgage? Mortgage interest rates are historically very competitive and now may be the best time to assess your mortgage suitability. We will assess your specific circumstances and go the extra mile to try and reduce your monthly outgoings.
Lenders standard variable rates can be flexible and some quite low, however, you need to be aware the current low interest rate environment cannot last forever. We will analyse rates vs. fees and find the right option for you; how much capital will remain at the end of your fixed rate for example?
We will also assess the true value offered by your existing lender. Do they offer you all of their best rates when your special deal ends or when you want to jump off their variable rate? How do they treat existing customers; especially with peoples changing circumstances? This is important for long-term value and thus affordability.
Mr R Govoni, Wimbledon
Many people do not realise that paying 2% per annum extra on a £300,000 25 year repayment mortgage can make a massive difference to their budget. The difference between 2% and 4% per annum means an increased payment of £331 per month – nearly £4,000 per year net; how hard do you work for that?
The remortgage process can be completed within 6 weeks with our help. You may be able to take advantage of a fast track application process or Automated Valuation Model. These valuations do not involve somebody entering your home but instead using IT statistical models to approximate the value of your property. If you have a large amount of equity in your property and have a low loan to income ratio, then this is more probable.
Alternatively, you may be looking to free up capital from your home and we can individually tailor a solution for you be it via your existing lender, a remortgage or a secured loan, which have recently moved into the mainstream arena.
Speed is of the essence in the purchase process and quite often can be a determinant factor for you in obtaining your dream property.
Is now the best time to remortgage? Mortgage interest rates are still historically very competitive and now may be the best time to assess...
Here at Independent James we can provide you with the right advice to maximise your profit potential in a tight rental market. It is well...
Offset Mortgages allow you to repay your mortgage in a more flexible manner. In essence, mortgage interest is not payable on the sum...
We realise the varied nature of your work, and more importantly working hours, can make the simplest of tasks difficult to...
In recent years there has been a shift towards people contracting, with the format allowing flexible working arrangements and often...
As a result of the European Mortgage Directive (implemented on the 21st March 2016) to call ourselves ‘Independent’...
As our clients have grown with us and are looking at various forms of commercial funding, our expertise has also developed in these...
