Why Do People Remortgage? 

People remortgage for a culmination of reasons. The most obvious is that you have came to the end of your fixed term and do not wish to go onto a higher rate that your current lender has to offer.

Another reason that people remortgage is to capital raise to get some home improvements done, or to consolidate other items of credit to reduce your monthly outgoings. I will ensure that you are aware of the highs and lows of pulling money out of your property so that you are fully informed before you commit to a new deal.

Unfortunately, some people aren’t aware that you can shop around and reduce rates when out of your current deal. It can save thousands of pounds by renewing at the end of your fixed term.

Lenders are very competitive and there are hundreds of offers to choose from. The mortgage lady UK have access to thousands of products and would also make you aware of when your current deal ends so we can slide into a new rate without the stress of paying higher rates.
 

Capital Raising Remortgage 

This is an easy way to get into the Buy to Let market and can be a good plan for people who have a lot of capital in their home – meaning their existing mortgage is a small percentage of the value of the property. I have helped hundreds of landlords create their portfolios by capital raising from other properties.

Can I Remortgage because I’ve split from a partner?

Any break up is bad, it’s even harder when you have joint assets. Your home is probably the biggest asset you have to split between you.
Assuming you own it jointly with your partner, you have three choices:

• sell the house, repay the outstanding mortgage and split what’s left
• keep the house, take over the mortgage yourself and buy out your partner 
• allow your partner to take over the mortgage and buy you out.

The Mortgage Lady UK can help you decide what is most suitable for you both and implement a strategy to get things done quickly and cost effectively. Taking away the stress in an already stressful situation.

All of our initial meetings are free and also completely confidential.