When you’re remortgaging you can also raise additional borrowing for things like:
Home finance-related or improvements
🛁 This could be for things like a new kitchen or bathroom.
🏚 You could borrow to extend the property by adding another bedroom, though make sure you have planning permission for this.
🏘 If you’re in a leasehold property you could borrow to extend the term of the lease.
💷 Buying a freehold title.
💳 Paying off your Help to Buy equity loan in full.
💰 Buying land joined or separate to your property.
🤝 Buying out a partner’s share of the mortgage.
Buying or financing a buy-to-let or a second home
Raise the deposit needed for your next property purchase.
Cover improvement works to your buy-to-let property or a second residence/Holiday home.
Deposit or the full amount required for a property abroad
Debt consolidation
Consolidate your credit card and loans into one payment.
Reduce your monthly payments to make things more manageable.
The interest rate on a mortgage will be substantial lower than things like credit cards and personal loans so you will save significant amounts.
Other reasons could include
School fees
Divorce settlement
Car purchase
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. CONSOLIDATING DEBT MAY REDUCE YOUR OUTGOINGS NOW, BUT YOU MAY END UP PAYING MORE OVERALL. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
It is highly recommended after consolidating all consolidated loans and credit cards are closed to avoid repeat borrowing.
Why Choose Us
Here’s why we treat as VIP
Personal Mortgage Advisor
You’ll be assigned a dedicated mortgage advisor who will be your single point of contact, providing expert guidance and support every step of the way. They’ll be available to answer your questions, explain complex terms, and ensure you feel confident in your decisions.
Regular Communication
We’ll keep you informed throughout the entire process, providing regular updates and proactively addressing any potential challenges. You’ll never be left wondering what’s happening with your mortgage application.
Tailored Solutions
Access to Exclusive Deals: We have access to a wide range of mortgage products, including exclusive deals and discounts specifically for first-time buyers.
Assistance with Additional Services: We can connect you with trusted professionals, such as solicitors and surveyors, to ensure a seamless home-buying experience.
Ongoing Support
Post-Completion Assistance: Our support doesn’t end once you’ve received your mortgage. We’ll be available to answer any questions you may have about your mortgage and homeownership.
Long-Term Relationship: We aim to build a long-lasting relationship with you, providing ongoing support and guidance throughout your homeownership journey.
