Category: Remortgages

Remortgaging is a normal part of homeownership in the UK, especially once an introductory fixed rate ends. While many homeowners understand the application stages, completion day itself can feel like a mystery.

Many homeowners have at least one active loan at the point of remortgaging, especially if the loan was used for home improvements or consolidating debt. Although this can make remortgaging a bit more complex, it is still very much possible to remortgage with a loan.

Many people ask, “can I remortgage on a Skilled Worker visa?” In many cases, this is possible, although the steps and requirements can differ compared to UK citizens or permanent residents.

Remortgaging can be a strategic financial decision for some homeowners, but it’s important to understand how the process works and whether it suits your circumstances. Whether you’re reviewing your current deal, exploring ways to access equity, or seeking cost-efficiency, this guide will help clarify what remortgaging involves, what factors influence rates, and what you should consider before proceeding.

If you are planning to remortgage your property, but you have taken out a loan that is yet to be paid off, you might be wondering ‘Will having a loan affect my remortgage?’ The simple answer is that it will, and you should be prepared for that.

Discover if it is good to consolidate your debts when applying for a mortgage in this blog that discusses how the debt you have impacts mortgage applications. Securing a mortgage is a major milestone in life, and for many, it can only be achieved with a lot of planning and saving. Careful financial planning is one of the best ways to secure a mortgage and get on the property ladder, as it shows lenders that you’re a safe bet and low risk.

Learn about whether or not it is better to remortgage now with this article that goes over some of the key things you should think about when remortgaging. For homeowners, one crucial decision often arises during the course of their mortgage term: whether to re-mortgage or not. As the financial landscape continues to evolve, the question of whether it is better to re-mortgage now in the UK becomes increasingly relevant.

Interest rates have been in turmoil over the past few months due to the continued uncertainty surrounding the economic climate. The Bank of England raised interest rates for the 11th time in a row in March, resulting in borrowing being even more expensive. Despite all of this, mortgage rates have been decreasing. So, is now a good time to remortgage?

Remortgaging your house is a great way to get the extra borrowing power you need for an extension or renovation. However, before you go down this route, it’s important to understand how the process works and what you can expect from it. This guide will take you through how to remortgage for an extension in a few simple steps. We’ll explain what a remortgage is and how it works, and list some of the benefits and downsides of remortgaging.