search for a better deal:
our blend of experience and knowledge will guide you in the right direction.
When it comes to remortgaging, you simply take out a new loan on a property you already own. It’s becoming more and more common to go through a remortgage in the search for a better deal.
There’s no denying that your mortgage is an extremely big commitment. With that said, you don’t have to stick with the same provider or your existing lender forever.
At Signature Mortgages and Protection, we can make the process as simple as turning a page, helping you find the best mortgage deal from our comprehensive panel.
reasons to remortgage:
#1 – current deal is coming to an end:
Once your mortgage terms are over, it’s likely you’ll be moved to a lender’s standard variable rate, which could be higher than what you might get elsewhere. It’s always worth considering your options to plan for the future.
#2 – better rate:
Perhaps you’ve spoken to a friend or family member who are on a much better rate than you. This may prompt you to remortgage and find a better deal. Deciding to switch up your mortgage provider could potentially save you a great deal of money by getting a better interest rate.
We’re award-winning too, providing exceptional service to businesses from our offices in Stoke-on-Trent, Altrincham, Chester, Leeds, Manchester City Centre, Nantwich and Walsall.
#3 – switching mortgage type:
Your requirements may change over time, and changing the type of your mortgage product can be a real benefit. You might want to switch your variable rate mortgage to a fixed rate mortgage, so you keep your mortgage repayments predictable and stable.
#4 – home improvements:
If you’ve got big projects in the pipeline, another reason to remortgage is to raise capital to spend on things like a new extension, conservatory or any general improvements to your home.
#5 – release equity:
If you are near the end of your fixed-term mortgage deal then this could be a good time to consider equity release. Remortgaging to release equity means that you’re securing a loan to free up some cash, rather than it being tied in to your home.
remortgaging deals to consider:
-
fixed:
TA fixed rate mortgage is a home loan with a fixed interest rate for a set period of the loan.
-
discount:
Offers a reduction on the lender’s Standard Variable Rate (SVR) for a set period of time.
-
variable:
A non-fixed interest rate. Payments could rise or decrease depending on the base rates.
-
offset:
Offset the amount you need to repay against what you have in your savings account.
-
cashback:
This is a type of mortgage that rewards you with a sum of cash when you take out a new mortgage.
-
capped:
The rate payable will be capped for an agreed period. It could rise over time, but will not exceed the capped rate.
-
tracker:
A type of variable rate mortgage which could increase or decrease based on the Bank of England’s base rate.
-
interest:
You only pay the interest on the amount you borrow, then pay the full amount back when the mortgage term ends.
why you should choose us:
-
we are in the know:
We’ve been delivering the best mortgage solutions for years. It’s fair to say we know the industry inside out and know where to look to get the best deals that are tailored to you.
-
we are with you every step:
We’re on the journey with you! From your first credit-check and valuations to the mortgage switch, our trusted mortgage advisers are here for you at each and every stage.
-
we have great lender access:
Unlike other mortgage brokers, we’re not restricted to only a few lenders. With access to a wide choice of specialist lenders and banks, we guarantee to act solely with your best interests at heart.
get in touch:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Registered in England and Wales
Signature Mortgages and Protection Limited is an appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited. Advance Mortgage Funding Limited is authorised and regulated by the Financial Conduct Authority.
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Registered office address – Lake View Festival Way, Festival Park, Stoke-on-Trent, Staffordshire, England, ST1 5BJ
Registration number – 07041169
Latest news and insights
27 February 2025Understanding The Upcoming Changes to Residential Stamp Duty – April 2025
Stamp Duty Land Tax (SDLT) is a tax applied to residential property purchases in England and Northern Ireland. The amount you owe depends on several factors, including the date of purchase, the price of the property, and whether you qualify for any exemptions or reliefs. With upcoming changes taking...
26 February 2025Rising Inflation Hits 3% – What Does It Mean for Interest Rates and Mortgages?
The latest inflation data has thrown a curveball at expectations for interest rate cuts in 2025. Annual CPI inflation rose from 2.5% in December to 3% in January, surpassing economists’ forecasts of 2.8%. This marks a significant increase from the 1.7% recorded in September, raising concerns about...
26 February 202595% LTV Mortgage Deals Reach Highest Level in Nearly Five Years
Great news for homebuyers with a smaller deposit—the number of 95% loan-to-value (LTV) mortgage deals has reached its highest level since March 2020, according to the latest data from Moneyfacts. There are now 388 mortgage products available at this tier, showing increased lender confidence in the...
how can we help...
book a meeting to talk with our expert team by clicking the button below.