Remortgaging

There are many reasons why you might want to remortgage:

  • Get a more competitive rate to lower your monthly repayments
  • Raise cash from the equity in your home
  • Consolidate your debts (This may result in lower monthly payments but extend the term over which the debt is paid and the overall cost may increase.)

Depending on your circumstances we may be able to find a lower interest rate on your mortgage with another lender.

.

Mortgages to suit your needs

We aim to select the best mortgage deal in the market to suit your individual needs. So understanding your reasons for remortgaging will help us consider your options. You may have to pay an early repayment charge to your existing lender if you remortgage.

For example, some mortgages start on a special rate for the first 2-3 years. After this period your mortgage payments may automatically revert to the lender's standard variable interest rate. This could mean an increase in your mortgage payments.

We make it easy for you

With lots of competition between lenders, let us shop around to find the best mortgage deal for you. We will also liaise with solicitors and valuers to make the process as easy as possible for you. You may have to pay an early repayment charge to your existing lender if you remortgage.

Remember, also, that we have a range of life insurance, home insurance and contents insurance to choose from to give you extra peace of mind when you are remortgaging. For insurance business we arrange policies exclusively with Legal & General.

Get in touch

Request a call from your local professional mortgage advisor click here.

You may have to pay an early repayment charge to your existing lender if you remortgage.

Important information

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


Typically we do not charge a fee, however if we do, depending on your circumstances, it will be a maximum of £300.



Disclosure

The Mortgage Shop (NI) Ltd is an appointed representative of the following companies, which are authorised and regulated by the Financial Conduct Authority for advising on and arranging the products shown: Legal & General (Portfolio Management Services) Limited (life assurance, pensions and investments) and Legal & General Partnership Services Limited (mortgages and insurance).