First Time Buyer Mortgage
What is remortgaging?
Remortgaging – This is when you change the mortgage you currently have on your property, either by switching it to a new lender, or by moving to a different deal with your existing lender.
Why remortgage your existing deal is coming to an end and your provider will put you on their Standard Variable rate which is usually not competitive.
You’re worried about interest rates rising and would like to fix your rate for peace of mind
You want to release equity – may want to install a new kitchen or bathroom
Your home’s value has increased. If your property’s value has gone up by a significant amount, your loan-to-value – the proportion of the property price that you borrow when you take out a mortgage – will have reduced. If this is the case, you may have access to more competitive mortgage rates, which could mean it could be worth remortgaging.
Moving Home Mortgage
Moving house is an exciting time, and at Mortgage Advice Shop we’re here to make sure you find the right mortgage. Whether this is your first move or you’ve moved house before, we can take the hassle out of finding the mortgage right for you.
When investing in a buy-to-let property, you need to know that your mortgage meets your needs and meets the lenders criteria. At Mortgage Advice shop we have access to over 11,000 mortgage products and will show you a selection of mortgages that could suit your needs.