the value of remortgaging: onwards and upwards...

the value of remortgaging: onwards and upwards...

the value of remortgaging: onwards and upwards...

your home may be repossessed if you do not keep up repayments on your mortgage

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 we can make the process as simple as turning a page, helping you find the best mortgage deal from our comprehensive panel.

 

 

get in touch

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 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.  

 

 

get in touch

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.

 

 

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#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.

#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.

 

 

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#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.

 

 

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#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.

 

 

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#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:

A 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. 

remortgaging deals to consider:

fixed:

A 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.

capped:

The rate payable will be capped for an agreed period. It could rise over time, but will not exceed the capped rate.

cashback:

This is a type of mortgage that rewards you with a sum of cash when you take out a new mortgage.

interest:

You only pay the interest on the amount you borrow, then pay the full amount back when the mortgage term ends. 

tracker:

A type of variable rate mortgage which could increase or decrease based on the Bank of England’s base rate.

remortgaging deals to consider:

fixed:

A 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.

offset:

Offset the amount you need to repay against what you have in your savings account.

variable:

A non-fixed interest rate. Payments could rise or decrease depending on the base rates.

capped:

The rate payable will be capped for an agreed period. It could rise over time, but will not exceed the capped rate.

cashback:

This is a type of mortgage that rewards you with a sum of cash when you take out a new mortgage.

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. 

Mortgage Calculator

 

£

5%

1%

1%

£1421

Monthly Payment

Principal & Interest £1421

annual taxes are: £1421

This calculator is for illustrative purposes only and may not reflect the true cost of repaying a mortgage before you enter into any new mortgage commitment. You need to be sure that it is affordable on your own personal budget. Use this budget planner to work out what you can afford to pay each month.

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:

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funding
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Festival Way,
Stoke-on-Trent,
Staffordshire,
ST1 5BJ

Registered in England and Wales. Signature Funding Solutions Ltd 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 and/or information contained within the website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK. Registered office address – Highpoint, Festival Way, Festival Park, Stoke On Trent, Staffordshire, ST1 5SH. Registration number – 07041169

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Stoke-on-Trent,
Staffordshire ST1 5BJ

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Your home may be repossessed if you do not keep up repayments on your mortgage.

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Registered in England and Wales. Signature Funding Solutions Ltd 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 and/or information contained within the website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK. Registered office address – Lake View, Festival Way, Stoke-on-Trent, Staffordshire, ST1 5BJ. Registration number – 07041169