One of the main benefits of remortgaging is that moving to a new lender means you could get a different mortgage type or interest rate for your current home or a home you plan to move to. Although many people wait until the fixed term of their existing mortgage expires, it’s worth reviewing your rates and repayment terms regularly to find out how much you could save from switching.
Reasons you may want to remortgage:
At Private Wealth Mortgages, our expert mortgage advisors look at a range of criteria related to your individual circumstances to determine how you would benefit from changing your mortgage. This can include increasing or decreasing your repayments, switching to a fixed, variable or interest-only mortgage, and helping you be able to release some equity. We will assess your entire financial situation, including the amount you are currently paying, how long it will take you to pay down your loan, any plans you have for the future and the risks you might face along the way.
We’ll advise you on the best course of action, not just in terms of your remortgage, but also aligned with your financial goals.
Our friendly qualified mortgage experts work with clients throughout their lifetime, from a first-time buyer to retirement planning and equity release. For you, this means we gain a better insight into your personal circumstances – where you are now and where you want to be in the future. So rather than simply providing you with a list of rates and lenders, we take the time to get to know you and offer a strategy that helps you live the life you want. We are authorised and regulated by the Financial Conduct Authority (FCA). We are also members of the Equity Release Council (ERC), the industry body for equity release mortgages, so you’re in good hands.
There may be times when severe debt, missed credit card payments or poor financial management reduces your chances of securing a mortgage or manageable repayment terms. If this is the case, you’ll be pleased to know we offer discreet, honest and impartial guidance on how you can move on, renegotiate or remortgage with bad credit.
*Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage*
Planning ahead? Making a property purchase? Use this mortgage calculator for an indication of what your monthly repayments could be.
Our system automatically calculates the amount of money you will be required to repay each month on your mortgage based on the information you provide. This information varies depending on factors such as the interest rate charged, the amount of deposit you pay and length of your mortgage term. We recommend you also speak to us to get a more precise figure. We have the experience to guide you through the mortgage application process, asking the appropriate questions that we know are important to lenders. This will give you a more accurate estimate of your monthly mortgage costs.
Registered in England & Wales, no 5603163
Private Wealth Mortgages Ltd is authorised and regulated by the Financial Conduct Authority. FCA Number: 445980
Private Wealth Mortgages Ltd, Hillreed House, 54 Queen St, Horsham, West Sussex, RH13 5AD
Responsive website designed & developed by