Remortgages2018-08-01T13:34:05+00:00

Re-Mortgages

Providing individual service to those requiring a re-mortgage

How we can help with re-mortgages

There could be a number of reasons for re-mortgaging, your initial interest rate may be expiring, interest rates may be increasing or you may be looking to raise some capital to undertake some home improvements or simply to purchase a new car or that dream holiday.

If you’re looking to release capital and this cannot be done by re-mortgaging (or by way of a further advance from your current lender) we can introduce you to Enterprise Finance who can offer advice on second charge loans.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT.

CHAPELGATE PRIVATE FINANCE IS A CREDIT BROKER AND NOT A LENDER.

How do I re-mortgage?

Make arrangements in advance

If your current rate is coming to an end, do not leave it to the last minute and risk reverting to the lenders standard variable rate, we recommend reviewing your existing mortgage arrangements up to six months before your current rate is due to expire.

Sense check

We will ensure that we check whether it would be as or more beneficial to remain with your existing lender, some lenders are more loyal to their existing borrowers than others so don’t get caught out.

Free legal fees

Lenders tend to offer free legal fees if you use their appointed solicitor, alternatively they may offer you a cashback of up to £500.00 to cover legal fees using your own solicitor. We’ll be able to assist and tell you what the right decision will be.

Valuations

We recommend you do some research when estimating the value of your property as the value will have implications for the interest rate charged. Valuers look at sold prices for similar properties in the area so don’t come unstuck by over-estimating the value.

Request a call back

Fill out the form below and we’ll get back to you to discuss in more detail how we can help.

The internet is not a secure medium and the privacy of your data cannot be guaranteed.

Other products you may be interested in

We offer advice on a wide range of mortgage and home insurance products designed to meet your needs

Read More

First Time Buyers

Read More

Moving Home

Read more

Protecting Yourself

Your home may be repossessed if you do not keep up repayments on a mortgage.

The information on this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Chapelgate Private Finance is a trade name of Chapelgate Associates Ltd which is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority. Chapelgate Associates Ltd is a company registered in England and Wales 05539901 whose registered office is situated at 192 West End Lane, London, NW6 1SG