You may want to consider remortgaging if you’re coming to the end of a fixed-rate deal, or looking to reduce your monthly repayments. With interest rates at historic lows, reviewing your mortgage on a regular basis makes sense.
While most lenders’ standard variable rates can be flexible and fairly low, it’s important to remember the current low interest rate environment may not last forever.
Independent James can help you remortgage. We can look at your current mortgage, and by assessing your circumstances, help you decide whether switching mortgage is a good idea.
We also take into account the fees lenders charge and we look at how much capital will remain in your home at the end of your fixed rate.
When we look at your current mortgage we will look at the value offered by your existing lender; this is important for long-term value and the mortgage’s affordability.
● Does your lender offer you all of their best rates when your special deal ends or when you want to jump off their variable rate?
● How does your lender treat existing customers; especially with peoples changing circumstances?
Mr R Govoni, Wimbledon
Paying 2% per annum extra on a £300,000, repayment mortgage can make a huge difference to the amount you pay over the 25-year mortgage term.
For example - the difference between 2% and 4% per annum amounts to an extra £331 per month, or £4,000 per year.
● We can help you remortgage within 6 weeks
● You may be able to take advantage of a fast track application process or Automated Valuation Model
If you are 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.
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...
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’...