Remortgage Advice in Brighton

As we have touched upon briefly, there are lots of reasons as to why you should look at your remortgage options, from releasing equity in their home as a means of funding home improvements or to remortgaging to consolidate debts. Again, speak to a mortgage advisor in Brighton before proceeding to debt consolidation.

Alternatively, many will choose to remortgage in Brighton to see if they have any access to better interest rates and save money.

We recommend the ‘best’ time to be taking out a remortgage, is around the 3 to 6 months before your deal is coming to its end.

Within this time frame, this should be more than enough time to seek remortgage advice in Brighton and speak to a mortgage advisor in Brighton to get the new mortgage set up and ready to begin just as your last deal comes to its end.

You can, some homeowners may be given the option to remortgage to release equity as a means to pay off any unsecured debt.

If you currently don’t have enough equity in your home, you may be able to remortgage for a better rate, as as a means to save up some additional money each month, allowing you to pay off your debts a little quicker.

As we’ve said through this page, we would always recommend speaking to a specialist mortgage advisor for remortgage advice in Brighton before you secure debts against your home, as although your monthly payments may be lower, you will likely be paying much more on interest overall.

You should think carefully before securing other debts against your home. By adding your unsecured debts to your mortgage, which is secured on your home, you are potentially putting your home at risk if you cannot make the required repayments.

Although the total monthly cost of servicing your debt may have reduced, the total cost of repayment may still have risen as the term of your mortgage is longer than it may have taken to repay the debts originally.

Yes, we do get inquiries from buy to let landlords who are looking to remortgage a property from their portfolio. Over the years we’ve helped many landlords with their remortgages.

To learn more about how we can help, head to our buy to let remortgage service page. Alternately, you can speak with one of our mortgage advisors in Brighton and they will be able to help look at your remortgage options.

There are no limits on the number of times you can remortgage your home in Brighton. We tend to find, that many homeowners in England and Wales will see themselves taking out a remortgage in Brighton a couple of times in their life.

However, if you are looking at this option whilst still tied into an existing deal with your current lender then you would have to factor in paying an early repayment charge for settling early, this will be something that’s discussed with you.

As a mortgage broker in Brighton we offer a free Remortgage review to all new/existing customers. If you want to release equity via a Remortgage or find yourself a better deal, one of our dedicated mortgage advisors in Brighton will look at your options to find you the most suitable deal.

We have been providers of expert mortgage advice for well over 20 years and during that time, we can search through 1000’s of Remortgage products to find you the most suitable deal for your circumstances, saving you time and money.