If You’re Remortgaging, Try Just Remortgage!

Compare remortgage deals, and learn more about remortgaging your home. We are finance experts that can help you find deals that you won’t find on the high street!

Why Choose Just Remortgage?

  • Applying Won’t Affect Your Credit Score
  • Get Instant Quotes
  • Compare Over 30 Lenders

Reasons To Remortgage

Remortgaging To Raise Finance

You may hear people say that they will need to remortgage to pay for a large expense or start a business – and this is very common.

As part of the remortgage application, you are able to borrow extra money, secured against your home, and this can be used for any purpose.

People might remortgage their home to pay for school fees, weddings, cars or to stay on top of bills.

Remortgaging For Debt Consolidation

You can use a remortgage for debt consolidation purposes, and find a more cost effective way to pay off your debts and eventually become debt free.

Accordingly, you can take all your existing debts and include them into your mortgage payments, so that you are paying off your home and all your debts through one repayment each month.

Remortgage To Save Money

Most mortgages come with an introductory offer which can give you a lower interest rate for the first few years, but when this expires, you can often be put on a much higher standard variable rate (known as an SVR).

The majority of British homeowners automatically get moved onto their SVR, but do not realise that the savings could be enormous if they remortgage. In fact, the average UK household could save up to £4,000 on their annual mortgage payments if they got a better remortgage deal.

A remortgage could come with much better terms and a new introductory offer that you can take advantage of.

How To Remortgage

The remortgaging process is similar to getting a regular mortgage to purchase a house, but luckily it’s much simpler!

You will need to get your home valued, and organise a solicitor to help you with the legal bits. However, if you are remortgaging with the same lender, then you will not need a conveyancer or solicitor.

You can find a new lender to remortgage your house with a broker, like us! We can compare dozens of advisors to find you the best deal. Once you’ve selected your new lender, you will be subject to a credit check to determine whether you are eligible.

If you are approved by the mortgage lender and all legalities are affirmed to be all together, the moneylender will reimburse your current home loan and your new mortgage will begin. The time the remortgage procedure takes can shift from moneylender to loan specialist and furthermore rely upon whether any intricacies emerge, however by and large it will in general take from four to about two months.