- REMORTGAGE
- Why switch mortgage?
- How much can I borrow?
- What costs are involved?
- What are your insurance needs?
- Trouble with your credit history?
What costs are involved?
Some of the biggest barriers to switching mortgages are the legal costs, along with the perceived time and hassle. Other customers are wary of early repayment charges built into their existing mortgage.
At The Mortgage Shop we will take these costs into account when shopping around for the best deal for you. Reduced payments from an improved mortgage package can sometimes cancel out early repayment charges you might incur.
Some lenders offer a free survey and free legal costs or refund the costs of these charges back to you. This may impact on the interest rate. You may have to pay an early repayment charge to your existing lender if you remortgage.
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.
Call us today on Freephone 0800 028 6070 to let us make your mortgage work better for you or to request a call from your local professional mortgage advisor click here. It could be easier than you think.