Remortgaging can be attractive to review when you have a mortgage scheme ending. To potentially gain a better interest rate, or to borrow additional funds for home improvements or to capital raise.
Remortgaging is a loan taken out as a new mortgage of the property that you already own. The remortgage will generally replace your existing mortgage loan.
Remortgaging, is not always the right thing to do. There can be other options available such as, further advances, second charge mortgages, personal loans.
Boudica will assist in advising on the most appropriate loan to suit your circumstances. Equally, as a customer of Boudica we will schedule automated reviews of your mortgage at the relevant time.
We work with our customers to assist in providing open market research of the products provided by the existing lender and the open market. Our aim is to assist our clients make informed decisions and save as much as feasibly possible on mortgage interest payments made over the term of a loan.
Potential reasons to re-mortgage
- You want a better interest rate and lower monthly mortgage payments
- Your current mortgage deal is about to end
- Borrowing additional amounts for home improvements
- Consolidation of existing debts to lower your monthly outgoings
- You are concerned about interest rates potentially increasing
- You want a more flexible mortgage
- You want to switch from interest only to repayment
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Please feel free to get in touch for help with your needs. We will get back to you ASAP.
Head Office: 01462 613030
info@boudicasland.co.uk
17a High Street, Shefford, Bedfordshire, SG17 5DD.
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