Tina Cranfield Financial Services
  • Home
  • About
  • Contact
  • Our Services
    • Mortgage Calculator
    • The Buying Process
    • Cost of Buying
    • First Time Buyers
    • Remortgage
    • Buy To Let
    • Let to Buy
    • Commercial Mortgages
    • Protection
  • Home
  • About
  • Contact
  • Our Services
    • Mortgage Calculator
    • The Buying Process
    • Cost of Buying
    • First Time Buyers
    • Remortgage
    • Buy To Let
    • Let to Buy
    • Commercial Mortgages
    • Protection

REMORTGAGING

Picture
​Could you save money by remortgaging?

What is remortgaging?

Remortgaging is when you take out an additional or different mortgage on a property you already own. For example you might remortgage when your current mortgage deal is about to come to an end to see if you can find a better rate or more suitable product, or you might remortgage to fund some improvements to your home.
Remortgaging need not be a hassle. In fact, it’s something we should all think of regularly to make sure we’re still on the best mortgage deal.
Mortgage interest rates have been at historic lows, or near historic lows for some time, but on 4th August 2016 the Bank of England announced that the base rate will be reduced to 0.25%. The base rate and mortgage rates are often closely linked and the number and kinds of deals available changes on a daily basis – this means it’s a great time to speak to an independent broker to see if there is a new deal out there which could help you save on your monthly repayments.
It’s important, especially given the low rate deals on the market at the moment, to start shopping around for a new offer before you get transferred onto your lender’s standard variable rate (SVR) – this could be higher than your current rate. Depending on what rate you’re on at the moment you could even save overall by moving to a new mortgage even if it means paying a fee – I  can review this for you and talk through your individual circumstances and needs.

Why not let me do some of the hard work for you, and make sure you’ve got the very best mortgage for you.

Free Advice
Call Tina on 07840 740047
​or
​01526 352076
​ Mortgages@tinacranfield.CO.UK


Legal

Typically we charge a fee of £375 for arranging a mortgage, however the actual fee will depend on your circumstances and will not exceed 1.5% of the mortgage amount. The fees may be waived subject to the terms of the fee waiver agreement.
As a mortgage consultant, I also give you the option of paying a fee for mortgage advice, with any commission being returned to you. Your home may be repossessed if you do not keep up repayments on your mortgage.

To see our Privacy POLICY please click to download file.

Get in Touch

Tina Cranfield Financial Services
Suite 1  Matthew Temple House 
The Broadway  Woodhall Spa  Lincolnshire  LN10 6ST

07840 740047 / 01526 352076
mortgages@tinacranfield.co.uk
Tina Cranfield Financial Services is an appointed representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority

Policy Document
File Size: 23 kb
File Type: docx
Download File