Remortgages and Remortgaging

Remortgaging simply means switching your existing mortgage to a new deal - most often - a new mortgage lender.

Remortgaging your house has become a very popular activity in recent years due to the fact that competition for remortgages has increased, leading to a much wider range of competitive remortgage and remortgaging products in the UK.

We offer all of our remortgage clients a FREE remortgaging service, whereby you enter your details into our remortgage database, and we will contact you to arrange an appointment to discuss your remortgaging options and we will help you to find the best solution for your needs.

You could save a lot of money by remortgaging your house - no lender will initially offer the best deal they can offer on their "lender's standard variable rate" (SVR) - and therefore it is important that you can seek advice from an Leeds Mortgage Expert on mortgaging your house.

It has been estimated that 1 in 4 people are paying too much for or all of the equity in your property, this is the difference in value between your mortgage and the property's current value.

The biggest advantage of remortgaging is lower mortgage rates from more competitive companies. For example, the introductory discounted interest rate may have finished with your current lender; therefore you could get a discount, or a lower APR, with another lender who is offering another introductory offer. Other individuals may use a re-mortgage to consolidate their debts, if they take out their mortgage, and remortgaging to a new provider may be the perfect answer! If you already have a mortgage and you are considering releasing part their remortgage for a larger amount than owed on the existing mortgage.

If you want any more information about mortgages, please feel free to contact us - we will be more than happy to help. Alternatively, why not use our Leeds Mortgage Review system to find your perfect mortgage?