Equity is the value of your home you don't pay any mortgage on, including the deposit you originally put in when you bought it. This means putting a larger deposit down puts you in a better position from the beginning of your mortgage deal. There are two ways that the proportion of you...
Farleys' experienced residential property team can assist you with the remortgaging of your property. Call the team today on 0845 050 1958.
Homeowners can also remortgage to release cash. This usually means taking advantage of the increased value of your home by releasing that extra equity and taking on a bigger loan. This will result in higher monthly repayments but you will then have some money that can be used to fund an ex...
But, you can also change mortgages to borrow more money, using the equity in your home. What are remortgage rates? Remortgage rates vary from one deal to the next and one lender to another, but are usually competitive compared to the SVR (standard variable rate) that you fall onto when...
Broker or Direct? Releasing the Remortgage Remortgage after a CCJ? Is a Valuation Required? New Visitor Questions How Can I Remortgage My House? Broker or Direct? Remortgage after a CCJ? What is Home Equity? How long does it take?
If you're looking to release some of the equity from your home, or to consolidate debts, remortgaging can be a good option. We can help you find the best strategy for this based on your personal circumstances. Obligation Free Remortgage Quotations ...
You want to borrow more money against the increased value of your property.This is known as “unlocking equity” and gives you access to cash previously tied up in your home. You can use this money to fund renovations, invest in buy-to-let properties, or pay school fees, for example. ...
You may want to remortgage to save money if you’ve found a better deal, or to raise cash by borrowing more against your home without having to sell up. The remortgage deal you can get will mainly depend on the amount of equity you have in your property, and whether a lender decides ...
You may want to remortgage to save money if you’ve found a better deal, or to raise cash by borrowing more against your home without having to sell up. The remortgage deal you can get will mainly depend on the amount of equity you have in your property, and whether a lender decides ...
To immediately sell a property and pay off the mortgage in full To take advantage of a much better mortgage deal To release equity in your home at short notice, etc In all situations, it’s important to consider what the exit fee will cost as it’s usually a percentage of the remaining...