Menu
Remortgaging is when you take out a new mortgage without moving home. This can involve moving to a new rate with your existing bank or transferring your mortgage to a new lender.
Whether you’re looking to re-mortgage to get a better deal or raise money for home improvements, it’s essential to look around at what’s available rather than simply stick with the same lender you’re with now.
Whatever the reason for thinking about a re-mortgage, the good news is that a wide range of re-mortgage deals are available, and we’re here to find the right one for you.
Whether you are ready to remortgage now or want to know more about your options for the future, our Mortgage Advisor is ready to help you with every step.
Perhaps you need more space and you prefer not to move or you want the kitchen of your dreams or a new bathroom.
It may be possible to remortgage to a new lender or borrow more on your existing mortgage.
Both options will increase the amount owing on the mortgage that is secured against your home so it’s important to think carefully before making a decision.
If you have existing debts, it may be possible for you to add these to your mortgage rather than continue with your existing repayment arrangements.
This is not suitable for everyone, and you’ll need to consider this with your adviser carefully. When you add loans to your mortgage, it is important that you understand the risks:
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
If you’re having difficulty paying your loans, it’s worth speaking to your creditors to see if you can negotiate better terms before considering adding them to your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage
We are available Monday to Saturday, for a no-obligation consultation.
Our service is free until you receive a fully approved mortgage offer. Then there may be a charge which, depending on your circumstances, will typically be £299 on receipt of an approved mortgage offer.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Spolton Ltd, trading as Spolton Mortgages (FCA Number 993383) is an appointed representative of Stonebridge Mortgage Solutions Ltd. which is authorised and regulated by the Financial Conduct Authority.
Spolton Mortgages is a trading name of Spolton Ltd. Registered Office: Spolton Ltd, Spolton Mortgages, 6 Mill House, Carre Street, Sleaford, Lincolnshire, NG34 7TW. Registered Company Number: 10903440 Registered in England & Wales.