Remortgage

When you remortgage, you are switching your mortgage to another deal, and frequently, another lender. Remortgages can be used for various reasons; however, most people simply switch mortgages because it works out cheaper for them. For example, the introductory discounted interest rate may have come to an end with your current lender; therefore you could potentially get a new discount rate, or a lower rate with another lender.

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We have an experienced team of Remortgage advisors in Barry and Cardiff that have access to a large panel of lenders to search 1000’s of Remortgage deals. Once we have collated your mortgage and financial position, alongside with your needs and priorities we will recommend you the most suitable product to suit you.   If you are happy with our recommendation, we will then get your mortgage process underway and assist with your Remortgage application all the way until you complete.

 

At Creating Mortgage Solutions, our Mortgage Advisors in Cardiff are passionate about being trustworthy and honest, so if it transpires that you would be better off staying with your current lender’s standard variable rate or they are offering you a competitive deal to stay with them then we would simply complete a product transfer application (this is free of charge, if any additional work then a fee becomes applicable).​

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Why you might want to remortgage with additional borrowing

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You may just want to simply remortgage to another lender to obtain a better interest rate than your existing mortgage lender is providing you.  You may also be looking at remortgaging to get some equity out of your property and here are some reasons why you may want additional funds:

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- Home Improvements - extension, new kitchen, new bathroom, windows, garden and many more 

- Repay some unsecured debt off 

- Repaying the help to buy equity loan 

- Purchase another property 

- Wedding funds

- Holiday funds 

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For more information contact our trusted, open & honest Mortgage Broker in Barry and Cardiff today and we’ll take a look at your current situation to find ways we can help you with your remortgage.

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Think carefully before securing other debts against your home.  your home may be repossessed if you do not keep up with mortgage repayments.